BP to sell Pattern Indiana project

Fowler Ridge Wind Farm in Indiana

Fowler Ridge Wind Farm in Indiana

BP Wind Energy North America has reached an agreement to sell its proposed 150MW Fowler Ridge 4 wind project in western Indiana to US developer Pattern Energy Group, officials from both companies tell Recharge.

They declined to discuss terms of the deal, which will require approval by the Federal Energy Regulatory Commission (FERC), which regulates interstate transmission of electricity, natural gas and oil.

BP Wind Energy North America, a unit of UK oil and gas group BP, has asked FERC for a positive ruling by mid-February to close the deal with Pattern, the officials say.  FERC did not immediately return a phone call seeking comment.

Electricity generated by Fowler Ridge 4 will flow into PJM Interconnection, a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Log in to read complete article.

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