Duke Energy to sell power from Texas wind farm to CPS Energy

Charlotte, N.C., August 9, 2011 Duke Energy plans to build a large-scale wind farm in Willacy County, Texas, and sell the electricity it generates to San Antonio-based CPS Energy, a municipally owned energy utility.

Duke Energy Renewables, a commercial business unit of Duke Energy, will build, own and operate the 200-MW Los Vientos I Windpower Project in Willacy County, about 120 miles south of Corpus Christi and 20 miles inland from the Gulf of Mexico.

Duke Energy will sell all of the output from the wind farm and associated renewable energy credits to CPS Energy under the terms of a 25-year agreement.

CPS Energy already buys all of the electricity generated at Duke Energy Renewables' 14-MW (16-MW direct current) Blue Wing Solar Project in San Antonio. The Blue Wing solar farm, which consists of about 215,000 photovoltaic panels, achieved commercial operation in November 2010.

Duke Energy Renewables plans to start construction of the Los Vientos I Windpower Project in the fourth quarter of 2011 and achieve commercial operation in December 2012.

The wind farm, to be sited on 30,000 acres of leased land, will be capable of generating enough electricity to power about 60,000 homes. This will be Duke Energy's fourth wind farm in Texas.

Duke Energy Renewables is developing a second phase of the Los Vientos wind farm in the region, but it has not announced a power purchase agreement for that phase.

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