Enbridge investing US$200M in wind power project in Texas
by The Canadian Press
Power will be fed into system under 20-year power purchase agreement with Microsoft
CALGARY—Enbridge Inc. has announced a deal to invest US$200-million in a 110-megawatt wind project in Texas.
The Keechi Wind Project is being built with Renewable Energy Systems Americas Inc., a Colorado-based firm that has worked with Enbridge on three other wind projects.
Construction for Keechi Wind began last month and is expected to reach completion in early 2014.
Once it begins commercial operations, insurance company MetLife Inc. will provide tax equity financing for the project
Power from Keechi Wind will be fed into the Electric Reliability Council of Texas under a 20-year power purchase agreement with Microsoft Corp.