Nacero Signs Renewable Wind Power Agreement with NextEra Energy
Nacero Inc. has awarded a subsidiary of NextEra Energy Resources, LLC a long-term power purchase agreement to supply clean, renewable wind power to Nacero’s planned flagship manufacturing facility in Penwell, TX, which will supply lower and net-zero lifecycle carbon footprint gasoline to consumers. This agreement is a key component in Nacero’s plan to make its Penwell facility the first and largest supplier of lower and net-zero lifecycle carbon footprint gasoline for everyday American drivers. The Penwell facility will have the capacity to meet the needs of 4 million drivers in Texas and the Southwest.
The agreement calls for NextEra Energy Resources’ Texas wind power operations to provide Nacero with nearly 20 billion kilowatt-hours of green electricity over 20 years starting in 2025. The wind power will complement Nacero’s planned 200-megawatt on-site solar photovoltaic power plant and ensure that the facility is powered by 100% renewable electricity.
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