BP has bought a full stake in Fowler Ridge 1, a large wind farm off Interstate-65 near Lafayette, it announced earlier this month.

The energy giant bought the last 50% ownership from Dominion Fowler Ridge Wind, LLC., a Dominion Energy subsidiary. The move would boost its wind generation capacity across the U.S. by over 15%, according to a release. It adds 162 wind turbines capable of generating 300 megawatts.

BP operates Fowler Ridge 1, 2, and 3 with 355 turbines capable of powering 160,000 homes, it said. It has a 50/50 joint partnership on Fowler Ridge 2 with AEP Renewables.

“We are excited to announce this transaction in the context of bp’s ambition to become a net zero company,” BP Wind Energy CEO Al Vickers said. “We have the operating, trading, and financial capabilities to operate efficiently, extend the life of assets and maximize the value from wind energy. This reflects our confidence in renewable energy, and the possibility for further growth in this sector.”

The company now owns 970 wind turbines within nine wind farms located in Indiana, Colorado, South Dakota, Idaho, Kansas and Pennsylvania with partial ownership of another in Hawaii. Combined, they could power 450,000 homes, it said.

It expects to finalize the Fowler Ridge 1 acquisition by the end of this year.

Earlier in February, new BP CEO Bernard Looney announced it would pursue plans for zero emissions by 2050. That drew skepticism from energy analysts and environmentalists, including the Sierra Club.

The Sierra Club sued BP last September for air quality violations at the Whiting refinery.
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