Repsol to build $1.5B, 500 MW wind farm in Illinois

· Energy · United States

Repsol is proceeding with a 500-megawatt wind farm in Peoria County, Illinois, a project valued at $1.5 billion. The global energy developer is moving ahead despite a sharp U-turn in US federal energy policy last year, according to the report. The project is one of the larger onshore wind investments announced in the US recently, at a time when federal support for renewables has become less predictable. It signals that some developers still see attractive economics in US wind, particularly in states with supportive power markets. The decision also matters for the supply chain — turbines, components and construction services — that will serve the build-out.

Why it matters：The project tests whether large onshore wind can still advance in the US after federal policy shifts, a signal for developers, turbine makers and state power markets.

Key points

  • The wind farm is planned for Peoria County, Illinois.
  • Capacity is 500 MW, with a price tag of $1.5 billion.
  • Repsol is proceeding despite last year's federal policy U-turn.

Sources (original reporting)

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