Chicago-based energy storage developer GlidePath Power Solutions said it’s acquired a 149-megawatt portfolio of wind farms in North Texas from Exelon Generation for an undisclosed amount.
The wind portfolio includes eight distributed wind energy projects located north of Amarillo that serve the Southwest Power Pool (SPP) market.
The company said the acquisition provides the company with an opportunity to optimize the performance of the wind farms through the addition of battery storage.
"The high penetration of wind energy in north Texas offers us an excellent opportunity to pair these facilities with the latest battery storage technology," said David Braun, president of Glidepath Asset Management.
"We look forward to managing these wind assets in a way that will hopefully strengthen reliability of supply in the local grid and deliver benefits for Texas power consumers," he said.
This latest acquisition brings GlidePath’s operating portfolio to more than 445 MW, in addition to its development pipeline of more than 1,000 MW of battery storage projects across the U.S.