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Transactions - MARCH 24, 2021

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Nucor Corp. signs wind farm PPA with Ørsted

by Released

Nucor Corp. has signed a 10-year virtual power-purchase agreement (VPPA) with Ørsted Onshore North America, for 100 megawatts from Ørsted's Western Trail wind farm (WTW) in North Texas.

This is Nucor's second VPPA. Last year, Nucor signed a VPPA with EDFR Renewables North America to be the sole off-taker for EDFR's 250-megawatt Brazos Fork solar project, which is also located in Texas. Together, these two projects have the potential to supply renewable power to the regional electric grid 24 hours a day.

“As an Electric Arc Furnace steel-maker and North America's largest recycler, Nucor is already among the cleanest and most sustainable steel producers in the world,” said Leon Topalian, president and CEO of Nucor Corp. “This agreement will enable us to further reduce our climate footprint beyond our operations.”

Ørsted's WTW project is already under construction and is expected to be in service later this year. The project incorporates Nucor steel and

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