Friday, May 22, 2009

Duke buys into wind

Posted By 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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