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Friday, August 3, 2012

Wisconsin Energy to buy Monfort wind energy center

From a story on WTAQ radio, Green Bay:

GRANT COUNTY, WI (WTAQ) - Wisconsin’s largest electric utility will spend $27 million to buy an existing wind farm in the southwest part of the state.

Wisconsin Energy, the parent of We Energies, has agreed to buy the Montfort Energy Center near Montfort in Grant County. NextEra Energy Resources of Florida currently owns the facility.

It opened 11 years ago, and it now has 20 turbines that provide enough power for about 9,000 homes. We Energies’ CEO Gale Klappa says the wind farm will deliver positive benefits for both customers and shareholders. It will also help the utility meet its state-mandated requirement to produce 8.25 percent of its power from renewable sources by 2015.

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