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Friday, May 22, 2009
News / Biz Duke buys into wind
Posted By Rhiannon Fionn-Bowman on Fri, May 22, 2009 at 12:14 PM
Good for them ... and us.
Duke will buy the North Allegheny Windpower Project from Gamesa Energy USA, a wind turbine and project developer. The deal is expected to close in the third quarter.The acquisition includes a 23.5-year agreement to sell the wind farm's output and renewable energy credits to FirstEnergy. Terms weren't disclosed.
The 35-turbine project, 95 miles east of Pittsburgh, is expected to start operating later this year.
Read the rest of this article at Charlotte.com.
Further reading: Jury finds Duke Energy violated Clean Air Act
Here's a piece from CBS' Sunday Morning about wind farms in Texas:
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