NextEra Energy Resources, LLC, the wind power develpment unit of NextEra Energy, Inc. (NYSE:NEE), has entered into a power purchase agreement with the Google Energy, LLC (Nasdaq: GOOG).
Google Energy will purchase 114 megawatts (MW) of electricity from NextEra Energy Resources’ Story II Wind Energy Center in operation in Story and Hardin counties in Iowa.
Financial terms were not disclosed.
The 150-MW Story II Wind Energy Center began operation in December 2009. Power deliveries to Google Energy will begin on July 30, 2010. The remaining 36 MW from the Story II Wind Energy Center are currently being sold to the city of Ames, Iowa.
NextEra Energy Resources has nearly 700 wind turbines in operation in Iowa with a nameplate capacity of more than 1,000 MW.
NextEra Energy Resources now has more than 9,000 wind turbines in operation at 77 wind farms in 17 states and Canada–the largest wind fleet in North America.
In May, Google made its first direct investment in utility-scale renewable, investing a combined $38.8 million in two North Dakota wind farms.
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