Southwestern Electric Power (SWEPCO), a subsidiary of American Electric Power (AEP), is seeking approval from Arkansas, Louisiana, and Texas utility regulators to acquire three renewable energy projects. Mooringsport, a 200 MW solar farm in Caddo Parish, Louisiana, and Diversion, a 200.6 MW wind farm in Baylor County, Texas, are two of the companies’ targets. SWEPCO is also looking to purchase Wagon Wheel, a 598.4 MW wind farm in Oklahoma’s Garfield, Kingfisher, Logan, Payne, and Noble counties.
According to AEP, the three projects will be developed by Invenergy and will total $2.2 billion in “clean, cost-effective” resources. The company intends to file an application with the Federal Energy Regulatory Commission for the transfer of these projects from Invenergy once it receives regulatory approval.
In December 2024, the Diversion wind farm will be the first of the projects to begin commercial operation, followed by Mooringsport and Wagon Wheel in December 2025. SWEPCO intends to acquire more than one-third of its Southwest Power Pool licensed capacity from renewable energy sources as part of its long-term strategy.