Duke Energy to buy 20 MW Wisconsin wind farm

The wind farm is located on about 500 acres of leased land in Glenmore, roughly 30 miles southeast of Green Bay

Charlotte, N.C., May 26, 2011 — Duke Energy will acquire a 20-MW wind farm in operation in Wisconsin.

Duke Energy Renewables, a commercial business unit of Duke Energy, agreed to purchase the Shirley Windpower Project from a unit of Central Hudson Enterprises Corp. on May 24. The wind farm is located on about 500 acres of leased land in Glenmore, roughly 30 miles southeast of Green Bay.

The Shirley Windpower Project, which began commercial operation in December 2010, sells all of its output and associated renewable energy credits to Wisconsin Public Service Corp. under the terms of a 20-year power purchase agreement.

The eight Nordex 2.5-MW wind turbines that comprise the Shirley Windpower Project are capable of generating enough electricity to power about 6,000 homes.

The deal is expected to close this summer. The purchase price was not disclosed.

With the addition of the Shirley project, Duke Energy Renewables will own 1,006 MW of generating capacity at 10 U.S. wind farms — four in Wyoming, three in Texas, one in Colorado, one in Pennsylvania, and one in Wisconsin.

On May 24, Duke Energy Renewables announced plans to start construction of a 168-MW wind power project in Kansas in the fall of 2011.

Since 2007, Duke Energy has invested more than $1.5 billion to grow its commercial wind and solar power businesses.

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