To preserve for its customers the environmental and cost benefits of 200 megawatts (MW) of wind power that was at risk of not being developed, Xcel Energy asked state regulators to allow the company to build and own the proposed Courtenay Wind Farm near Jamestown, North Dakota. Regulators in Minnesota and North Dakota previously approved…
Pattern Energy increases annual CAFD per share growth target to 12-15%
Pattern Energy Group Inc. announced it has increased its growth target for cash available for distribution (CAFD) per share to a compound annual growth rate (CAGR) of 12-15% for the next three years. Pattern Energy also announced it has entered into definitive agreements to acquire three wind power facilities for a total combined equity purchase…
GE acquires a 16-MW wind farm in the UK
GE Energy Financial Services, a unit of GE, announced that it’s signed an agreement with SSE plc, one of the largest generators and suppliers of energy in the UK, to acquire the 16-megawatt (MW) Langhope Rig wind farm, which is nearing construction completion near Hawick, in the Scottish Borders. Situated approximately 55 miles south of…