Power - Operations and Strategy
Xcel Energy signs long-term PPA for Minnesota wind farm output November 03, 2009 4:57 PM ET By Jason Lehmann
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Juhl Wind on Nov. 3 said Xcel Energy Inc. and Danielson Wind Farms LLC executed a 20-year, 19.8-MW power purchase agreement for wind power from a Danielson Wind Farms facility in Meeker County, Minn. Juhl Wind said it will continue to serve as developer and contractor for the project, slated to come online in the fourth quarter of 2010. The project is estimated to cost about $46 million and will be community-owned and operated, the company said. "While we are very focused on the construction of our 2009 wind farm projects, we continue to win new business in partnership with our local owner groups like Danielson," Juhl Wind President John Mitola said in a news release. "Obviously, the new projects that we will be announcing will set the stage for our revenue growth in 2010 and beyond and we will provide more information as the detailed timeframes are formulated over the next few months." |