Wisconsin Power and Light Company (WPL), a subsidiary of Alliant Energy Corporation (NYSE: LNT) signed a letter of intent to purchase a 400 megawatt (MW) wind farm site, located in southern Minnesota, from Wind Capital Group, LLC, a St. Louis, Missouri based developer of wind energy assets.
The Bent Tree Wind Farm site has the potential to produce up to 400 MW of emissions-free energy if completely developed, a press release said. WPL currently anticipates the purchase of the site to be complete by October 2008.
WPL plans for the first 200 MW to be in commercial operation by the end of 2010. A decision regarding the development of the wind farm’s additional 200 MW has not yet been made.
Construction is currently underway at the Cedar Ridge Wind Farm, WPL’s first fully-owned and operated wind farm. The 68 MW wind farm in the townships of Eden and Empire in Fond du Lac County, Wisconsin, is expected to begin commercial operation by the end of 2008.
About Wind Capital Group
Wind Capital Group builds wind farms with a project strategy that places serious focus on community involvement and developing relationships to guide a project toward success. The local partnerships help revitalize farm communities by broadening the tax base, strengthening schools, and renewing local identity. For more information about Wind Capital Group, visit www.windcapitalgroup.com.
About Alliant Energy
Alliant Energy is an energy-services provider with subsidiaries serving approximately 1 million electric and 400,000 natural gas customers. Providing its customers in the Midwest with regulated electric and natural gas service is the company’s primary focus. Wisconsin Power and Light, the company’s Wisconsin utility subsidiary, serves approximately 450,000 electric and 175,000 natural gas customers. Alliant Energy, headquartered in Madison, Wis., is a Fortune 1000 company.
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