The two companies did not release financial terms of the transaction. Sumitomo retains 50% project ownership.
Global food manufacturer Mars Inc., best known for its candy products, is purchasing the power and associated renewable energy credits from the wind farm for a 20-year period. The facility began operations in April of this year.
“Mars is an industry leader in using sustainable business practices to meet its customers’ needs,” says Greg Wolf, president of Duke Energy’s Commercial Portfolio.