Law360, New York (January 18, 2012, 4:46 PM ET) -- EDF Energies Nouvelles, the renewable arm of France's state-owned electricity company, will buy a 161-megawatt wind farm under development in Texas from U.S.-based Cielo Wind Power, the company said Wednesday.
Financial terms were not disclosed. The project, which is expected to be completed this year, is under a 15-year power purchase agreement with Xcel Energy, according to a 2010 release.
The Spinning Spur Wind Ranch in the Texas Panhandle will produce enough electricity for about 54,000 homes, Cielo said. Construction is due to begin in the...
French Renewable Energy Co. Nabs 161-MW US Wind Farm
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