Westar Energy signs agreement to provide access for 250-MW wind project

Westar Energy announced that it has signed an agreement that will provide commercial and industrial entities access to PPA for a 250-MW wind farm project.

INTL FCStone Inc. subsidiary INTL FCStone Financial’s FCM Division will administer aggregation, contracting and professional management services for the wind farm development.

INTL FCStone Financial senior VP, Shane Mathis said that this arrangement establishes [PPAs] that will allow for smaller increments of subscription while still taking advantage of economies of scale and active management. They are thrilled by the prospect of integrating their risk management services into the energy procurement process at this level.

FCM Division is offering educational seminars to help companies identify and overcome obstacles in evaluating renewable energy projects.

Westar Energy senior VP generations, John Bridson said that By working with INTL FCStone, they are able to combine their areas of expertise to provide access to an appropriately vetted, competitively priced and actively managed renewable [PPA] to move companies closer to their sustainability goals in an economically feasible manner.

Image Source: Westar Energy