Duke to buy Wisconsin wind farm
Duke Energy Corp. today said it will buy a 20-megawatt wind farm in Wisconsin.
Duke Energy Renewables, a commercial business unit of Charlotte-based Duke, is buying the Shirley Windpower Project from a subsidiary of Central Hudson Enterprises Corp.
Duke declined to disclose the purchase price.
The wind farm is on roughly 500 acres of leased land in Glenmore.
The farm, which began commercial operation in December, sells all of its output and renewable energy credits to Wisconsin Public Service Corp. under the terms of a 20-year power purchase agreement. The eight 2.5-megawatt wind turbines that are part of the project are capable of generating enough electricity to power about 6,000 homes, Duke said.
The deal is expected to close this summer.