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In 2021, the Gulf Wind site upgraded its technology with 118 Siemens Gamesa turbines to capture more wind energy per turbine, increasing production and reducing the cost of electricity.
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The 271 MW facility sells its electricity generation, equal to the annual needs of ~90,000 Texans, to Austin Energy under a 20-year power purchase agreement.
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The facility will contribute approximately $90 million to the local economy through tax and landowner payments over its first 25 years of operations.
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The Kenedy Memorial Foundation, owner of the Kenedy Ranch that hosts Gulf Wind, uses the lease payments to support its mission to fight poverty, increase education, and build stronger communities.
