Sempra, BP Build Out Wind Farm Portfolio For $1B

Law360, New York (January 10, 2012, 7:14 PM EST) -- BP PLC’s wind energy division and energy services company Sempra U.S. Gas & Power LLC are teaming up again on a billion-dollar push to bring two more wind farms on line, the companies announced Tuesday.

BP Wind Energy and Sempra are doubling the size of their joint venture portfolio with the development of the Mehoopany wind farm in Pennsylvania and the Flat Ridge 2 wind farm in Kansas. Together, the projects represent an investment of more than $1 billion, the companies said.

"Today’s announcement reinforces BP’s...
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