Duke Plans 400-MW Worth Of Wind Farms In South Texas

Law360, New York (September 26, 2013, 2:46 PM EDT) -- Duke Energy Corp.'s renewable energy arm said Thursday that it would build a pair of 200-megawatt wind farms in southern Texas and sell the power to Austin Energy, the municipal utility that provides electricity to the state's capital and surrounding areas.

Duke Energy Renewables said it will build, own and operate the Los Vientos III and IV Windpower Projects, sited approximately 100 miles west of Brownsville, Texas. Austin Energy will purchase the output and associated renewable energy credits from the wind farms under two 25-year agreements,...
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