Work on the Utah Red Hills Renewable Energy Park facilityis scheduled to begin in the third quarter and will generate about 210 millionkWh of electricity per year. It will be located south of Salt Lake City and onprivate land.

The company has signed a 20-year off-take agreement withPacifiCorp, which is owned by MidAmerican Energy Holdings Company, the energyarm of billionaire Warren Buffett’s Berkshire Hathaway conglomerate.

Terms