Power generation supplier NRG Energy Inc (NYSE: NRG) declared on Thursday that the company has entered into a binding letter of intent to purchase the South Trent wind farm near Sweetwater, Texas, for an undisclosed price.
This 101 megawatt (MW) South Trent wind farm came online in January 2009 and consists of 44 Siemens 2.3 MW wind turbines capable, at maximum capacity, of powering more than 80,000 homes.
AEP Energy Partners Inc has a 20-year power purchase agreement for all of the generation from this site.
Following completion of the acquisition, South Trent will become the fourth plant in NRG Energy’s onshore wind portfolio and would bring the company’s wind portfolio to approximately 450 MW.
Comments on this story may be sent to firstname.lastname@example.org
For full details on Siemens Aktien (SI) SI. Siemens Aktien (SI) has Short Term PowerRatings at TradingMarkets. Details on Siemens Aktien (SI) Short Term PowerRatings is available at This Link.
For full details on Nrg Energy Inc (NRG) NRG. Nrg Energy Inc (NRG) has Short Term PowerRatings at TradingMarkets. Details on Nrg Energy Inc (NRG) Short Term PowerRatings is available at This Link.