Los Angeles bizjournal – Edison Mission Group buys wind-power project

February 21st, 2006  |  Published in In the News, Articles

By Los Angeles Business from bizjournals
Location of Article – Los Angeles Business from bizjournals
Original Article URL – US Renewable Energy Group and Cielo Wind Power partner for 600MW wind farm
Date – Tuesday, February 21, 2006

Edison Mission Group has bought the Wildorado Wind Ranch in northern Texas, adding to its renewable-energy portfolio.

EMG purchased the project, which is set to begin construction this year, from Cielo Wind Power LP, which will retain a minority interest.

When the 161-megawatt project is finished, the electrcity produced will be sold to Southwestern Public Service, a subsidiary of Xcel Energy, under a long-term power purchase agreement.

Commercial operations are expected to begin in 2007.

With the buy, EMG has a national wind portfolio of 477 megawatts at 10 sites in Iowa, Minnesota, New Mexico and Texas.

Edison Mission Group is a subsidiary of Rosemead’s Edison International (NYSE: EIX), the parent company of Southern California Edison.