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DEGS is an unregulated subsidiaryof Charlotte, N.C.-based It will buy the 35-turbine facility from , a unit of a Spanisyh energy company. The deal is slated to closer in thethird quarter. The purchase price wasn’t disclosed. Construction is almost complete at the North Allegheny Windpower Woutervan Kempen, president of DEGS, says the purchases is an important step for the “This acquisition immediately expands our wind power portfoliko beyond the western U.S.
, where we have half a dozenn projects already in operation or under Akron, Ohio-based , which owns two Pennsylvania utilities, will buy all the outpu t from the farm for more than 20 The farm is a medium-sizer project for DEGS. It is part owner of a 283-megawattf farm in Texas. DEGS also owns a 42-megawattg farm and a 150-megawatt farm in Texas, as well as threre farms in Wyoming, a 29-megawattg project, a 42-megawatt projecr and a 99-megawatt project. Duke spokesman Dave Scanzonj says DEGS would be interested in additional projectz inthe east. The key for the company is finding projects that can be builyt quickly and have customerss ready to buythe power.
He declined to say whethert the company is considering any other specific projects in the EasternUnitef States. DEGS develops and operates renewable-energy projects to sell powedr to industrial andutility customers. It has 500 megawattx of wind power in productionand 5,000 megawatts of capacitgy in its pipeline. By the end of the year it expects to have 200 additional megawatts ofcapacity online. Duke entered the wind-energy business two years ago. The compant has committed morethan $1 billion to the wind-energu business.
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