NorthWestern Energy seeks wind energy project purchase

NorthWestern Energy (NYSE:NWE) is asking the Montana Public Service Commission for approval to buy and operate the planned $86.1 million, 40 MW Spion Kop Wind Project in central Montana.

NorthWestern announced its intent to purchase the project in April. If approved by regulators, Compass Wind will develop the wind farm, which will be placed into utility rate-base for NorthWestern's Montana electric retail customers. If the approval is denied, either party may terminate the agreement.

Construction is set to start upon regulatory approval, and the project is expected to be in service by the end of 2012.

Read more contracts and projects news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...