Thursday, September 26 2013
Updated: Thursday, September 26 2013
Sempra did not name the project seller or provide terms of the transaction.
Construction of the project is scheduled to begin in December with commercial operation in fourth quarter 2014. Electricity will be sold to utility Nebraska Public Power District under a 25-year contract.
"We are pleased to have the opportunity to acquire, build and operate the Broken Bow 2 wind project and work with the state of Nebraska as it continues to establish itself as a renewable energy leader," says Kevin C. Sagara, vice president of renewables for Sempra US Gas & Power.
Nebraska has lagged neighboring states in wind energy development. In an effort to become more competitive, the legislature in June passed a bill that offers a sales tax breaks to companies that invest a minimum $20m in renewable energy projects. For wind, the provision applies to turbines, blades and towers.
Nebraska had 459MW of wind generation capacity on 1 January, versus 5.13GW in Iowa, 2.71GW in Kansas and 2.3GW in Colorado, according to the American Wind Energy Association.
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