Sempra U.S. Gas & Power acquires Minnesota wind project

 Sempra U.S. Gas & Power acquires Minnesota wind project

Sempra U.S. Gas & Power has acquired the 78-MW Black Oak Getty wind project — in Stearns County, Minn — from Geronimo Energy.

Upon completion, power generated will be sold to Minnesota Municipal Power Agency (MMPA) under a 20-year power purchase agreement.

"We look forward to working with Sempra U.S. Gas & Power as a long term partner," said Derick O. Dahlen, executive director for Minnesota Municipal Power Agency. "MMPA's purchase from this wind project will help MMPA meet its renewable energy obligation of 25 percent in 2025."

The project is expected to enter the construction phase in spring 2016, and slated to reach commercial operations by late 2016.

Financial terms of the transaction were not disclosed.

Subscribe to Power Engineering magazine



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...