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Leeward Renewable Energy Announces Partnership with Target Corporation For Development of Lone Tree Wind Farm; Greenfield project brings economic and clean air benefits to Bureau County

June 12, 2019

DALLAS–(BUSINESS WIRE) – June 12, 2019 — Leeward Renewable Energy, LLC today announced the company has entered into a Virtual Power Purchase Agreement with Target Corporation that will enable the construction of its Lone Tree Wind Project, a greenfield wind development project located in Bureau County, Illinois.  The Lone Tree facility will have a capacity of approximately 79.4 megawatts (MW) and provide economic, health and clean air benefits to Bureau County.

Lone Tree will be built adjacent to an existing Leeward-owned wind farm, Crescent Ridge, leveraging Leeward’s long-standing relationships with the community. The project is expected to generate approximately 125 full time construction jobs during construction and the opportunity for permanent local jobs. The project also will create tax revenue to the County and neighboring townships.

“We are pleased that Target has selected Leeward as a renewable energy partner,” said Greg Wolf, Leeward Renewable Energy CEO. “We welcome the opportunity to work with a forward-looking company that is committed to reducing its carbon footprint and creating sustainable operations.”

Leeward expects to commence construction of the project in fall 2019 and to complete construction in December 2020.

About Leeward Renewable Energy, LLC

Leeward Renewable Energy is a leading US-based independent renewable energy company with a current wind portfolio of approximately 1.7 gigawatts (GW) over 19 wind projects in nine states. With Lone Tree, Leeward will have approximately 250 MW under construction using proven, best-in-class technology, and a development pipeline of over 1 GW in wind, solar, and energy storage projects.  For more information about Leeward, visit www.leewardenergy.com. Leeward is owned by OMERS Infrastructure, the infrastructure arm of one of Canada’s largest defined benefit pension plans.

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I like being on a team that is developing ideas and technology to diversify the way we use our planet’s energy and resources.

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LRE strives to meet the goals of renewable needs throughout the US and is continuously seeking opportunities to expand its portfolio.

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To do my part in providing the next generation with environmentally friendly sustainable energy.

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It is exciting to be a part of an emerging industry that we have already seen changing the world.

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An opportunity to learn and grow professionally across legal, financial, engineering, construction, O&M, and other areas of expertise.

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LRE has a tight knit strong team culture, allowing for access to everything needed for personal and professional growth.

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I wanted to be in a growing industry where the future holds a wide variety of opportunities and helps the environment.

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I chose the renewable energy field because I’ve always wanted to be part of a shift from fossil fuels to clean energy.

Jonathan S

I decided the best way for me to make an impact on reducing the effects of climate change was for me to work in renewable energy.

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I chose the field of renewable energy 36 years ago due to my interest in cleaning up the environment, particularly the air quality.

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I am passionate about the outdoors and the environment. And I love that I can tell my kids that LRE is part of the solution.

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