Ørsted Completes Sage Draw Wind Project
CHICAGO, April 7, 2020 /PRNewswire/ -- Ørsted has completed its Sage Draw Wind project, a 338MW wind farm that straddles Garza and Lynn Counties in Texas. The 120-wind turbine project will have the capacity to meet the annual electricity needs of 120,000 American homes. Sage Draw Wind brings Ørsted 's onshore operational installed capacity to 1.3GW. The company currently has an additional 0.8GW of onshore wind, solar and storage projects under construction and due to enter operations in late 2020 and early 2021.
"I am very proud of the Ørsted team and all our partners on this project who've done an excellent job with another safe, on-time, on-budget project delivery," commented Declan Flanagan, Executive Vice President of Ørsted and CEO of its Onshore business.
"The safe completion of Sage Draw amidst the escalating COVID-19 crisis is a testament to the resilience and adaptiveness of the Ørsted team and key project partners at Blattner Energy and GE Renewable Energy, and finance partners GE Energy Financial Services and BHE Renewables. This underscores the significant role renewable energy can play in continuing to build our economy as we manage through and beyond the current crisis."
Sage Draw marks a key step in Ørsted's path to reach 5GW installed onshore capacity by 2025.
Ørsted is a global renewable energy company with operations in Europe, Asia-Pacific and North America. Publicly traded since 2016 and headquartered in Denmark, Ørsted develops, constructs, owns and operates offshore and onshore utility-scale wind farms, solar, energy storage facilities and bioenergy plants and provides energy products to its customers. Ørsted has the ambition to be a global green energy major in the rapidly expanding renewable energy market with 30 gigawatts of installed capacity by 2030, enough to power the lives of more than 55 million people. Ørsted ranks #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world and is recognized on the CDP Climate Change A List as a global leader on climate action. In 2019, the Group's revenue was DKK 67.8 billion (EUR 9.1 billion). For more information, visit Orsted.com or follow us on Facebook, LinkedIn, Instagram and Twitter."
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