NextEra Energy Resources purchases Kansas wind farm

NextEra Energy Resources LLC (NYSE: NEE) has announced that its subsidiaries have completed the purchase of the 165 MW Cimarron I Wind Energy Center from CPV Renewable Energy Co. Financial terms were not disclosed.

The project, in Gray County in southwest Kansas, is comprised of 72 Siemens (NYSE: SI) 2.3 MW turbines spread across approximately 14,000 acres. All of the power from the project is being sold to the Tennessee Valley Authority under a 20-year power purchase agreement. An affiliate of NextEra Energy Resources owns and operates the project.

NextEra Energy Resources owns and operates two other Kansas wind projects: the 112 MW Gray County Wind Energy Center and the approximately 99 MW Ensign Wind Energy Center that was brought into service in November 2012.

Read more financial 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

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...