Item 5 Passed 9-0

Item 5 — Thursday, May 21, 2026

Source information changed after this summary was written. The earlier summary is withheld.

How it affects me: If you use Austin Energy, this item lists $34,000,000 per year.

Current official agenda wording

Authorize negotiation and execution of up to two power purchase agreements with Invenergy Renewables LLC, a subsidiary of Invenergy Renewables Holdings LLC, purchasing the energy produced by up to two utility-scale wind facilities, which have a combined total capacity to produce approximately 299 megawatts of electricity, in an estimated amount of $34,000,000 per year, for a term of 10 years, for a total estimated amount up to $340,000,000. Funding: $34,000,000 is available in the Operating Budget of Austin Energy. Funding for the remaining contract term is contingent upon available funding in future budgets.

"Without objection, the consent agenda is adopted" — meeting transcript (unofficial)

What got said

Attributed statements from the meeting transcript, not official agenda values.

Cyrus Reed supported the Invenergy wind purchase as moving toward 65% renewable by 2027

The roll call

City of Austin headshots stay on the council page. The City's terms allow personal use of austintexas.gov images, so this roll call shows initials.

Approved on Consent 9-0

Member records (11)