enXco, an EDF Energies Nouvelles Company (EEN.PA), and Xcel Energy (NYSE: XEL) closed on the Wind Project Purchase and Sale Agreement (WPPSA) for the Nobles Wind Project, a 201-megawatt wind facility to be constructed in Nobles County in southwest Minnesota.
The closure of the WPPSA transfers the project ownership to Northern States Power Co.–an Xcel Energy operating company.
The agreement builds on previous joint developments between the companies of nearly 500MW over the past several years.
The Nobles Wind Project, consisting of 134 GE 1.5-MW turbines, will produce enough electricity to power approximately 50,000 homes. The wind farm is expected to be operational by the end of 2010, helping Xcel Energy to reach its Renewable Portfolio Standard target of generating 30% of its retail electrical sales with renewable power by 2020.
The Minnesota Public Utilities Commission approved the Nobles Wind Project on May 28, 2009.
Steve Peluso, vice president development for enXco’s Midwest Region, said that with spring weather arriving, construction efforts will step up, generating 150 wind jobs in the next few months.
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