Ørsted completes Willow Creek Wind and takes final investment decision on Western Trail Wind
"The completion of Willow Creek Wind marks the successful transition of another safe, on-time, on-budget project in 2020 into our operational fleet, a solid team achievement given the COVID-19 impact across the industry this year," said Neil O'Donovan, Chief Operating Officer of Ørsted's onshore business. "The team's adaptability and resilience in delivering the Willow Creek project during this challenging period while working with multiple new partners is particularly satisfying."
Willow Creek will generate new property tax revenue that can support local services and provide support to project landowners, who will receive long-term rental income by hosting the turbines.
BHE Renewables, a subsidiary of Berkshire Hathaway Energy Company, provided tax equity for Willow Creek as part of a portfolio with the 230MW Plum Creek project in Nebraska, which was commissioned in June this year.
Investment decision on Western Trail Wind
In addition, we have also strengthened our ERCOT asset base with the final investment decision of our largest onshore wind project to date, Western Trail Wind. Located near our Lockett Wind project, the 367MW project is expected to reach commercial operation in 2021.
With the completion of Willow Creek and addition of Western Trail Wind, Ørsted’s onshore business now has 2.7GW in operation and under construction, growth of 2GW over the past 2 years.
Ørsted's vision is to create a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,000 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2019, the company generated revenue of DKK 67.8 billion (EUR 9.1 billion). For more information on Ørsted, visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and Twitter.