Buffett’s MidAmerican Utility Buys Three Iowa Wind Farm Projects
Bloomberg reports By Andrew Herndon - Jan 6, 2012 1:50 PM ET
A unit of Warren Buffett’s MidAmerican Energy Holdings Co. (329802Q) acquired three wind-energy projects in Iowa that will have a combined generating capacity of 404.8 megawatts at completion.
MidAmerican Energy Co., Iowa’s largest utility, bought from RPM Access LLC the 103.5-megawatt Vienna wind project that will be built in Marshall and Tama counties, it said today in a statement. The Des Moines, Iowa-based company also purchased two projects from Clipper Windpower Development Co., including the 200.1-megawatt Eclipse project in Guthrie and Audubon counties and the 101.2-megawatt Morning Light project in Adair County.
The projects are expected to be completed by year-end, increasing MidAmerican’s wind generation to 2,284.8 megawatts, according to the statement. The company will have invested $4 billion in Iowa wind farms once the three plants enter service, it said.
MidAmerican Energy Holdings Co. is a subsidiary of Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A)
To contact the reporter on this story: Andrew Herndon in San Francisco at aherndon2@bloomberg.net
To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net
Read more (in new window) at: www.bloomberg.com/news/2012-01-06/buffett-s-midamerican-utility-buys-three-iowa-wind-farm-projects.html/
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Showing posts with label wind energy. Show all posts
Showing posts with label wind energy. Show all posts
Friday, January 6, 2012
Wednesday, January 6, 2010
New jobs in wind energy - Oklahoma City, OK
New jobs in wind energy
Adam Mertz reporting KFOR
2:34 PM CST, January 6, 2010
OKLAHOMA CITY -- As a start-up company, Integra Wind Services is looking to tap into wind energy. Over the next five years, Integra plans to hire 205 people from the greater Oklahoma City area. The average salary is $50,000 for qualified workers.Through Oklahoma City's Strategic Investment Program, Integra will receive economic development funds from the city."This program helps us build our capitol, replenish our capitol, I should say so we can continue to grow" says David Tedford, Integra Wind Services.If it fills all the 205 wind energy positions with local workers, the city would give Integra $820,000.For every job the new company receives or $4,000.The investment program was passed by the voters in 2007.It encourages economic growth in Oklahoma City by providing incentives to businesses that bring in good paying jobs for local workers.The Greater Oklahoma City Chamber says the company met the strict requirements to qualify for the programIntegra only receives the money once it hires local workers.The city council approved the economic development funding for the new company back in December.
Link to:http://www.kfor.com/news/local/kfor-news-new-jobs-wind-energy-story,0,7117454.story
Link to top of blog: http://www.usaalternativeenergynow.blogspot.com
Adam Mertz reporting KFOR
2:34 PM CST, January 6, 2010
OKLAHOMA CITY -- As a start-up company, Integra Wind Services is looking to tap into wind energy. Over the next five years, Integra plans to hire 205 people from the greater Oklahoma City area. The average salary is $50,000 for qualified workers.Through Oklahoma City's Strategic Investment Program, Integra will receive economic development funds from the city."This program helps us build our capitol, replenish our capitol, I should say so we can continue to grow" says David Tedford, Integra Wind Services.If it fills all the 205 wind energy positions with local workers, the city would give Integra $820,000.For every job the new company receives or $4,000.The investment program was passed by the voters in 2007.It encourages economic growth in Oklahoma City by providing incentives to businesses that bring in good paying jobs for local workers.The Greater Oklahoma City Chamber says the company met the strict requirements to qualify for the programIntegra only receives the money once it hires local workers.The city council approved the economic development funding for the new company back in December.
Link to:http://www.kfor.com/news/local/kfor-news-new-jobs-wind-energy-story,0,7117454.story
Link to top of blog: http://www.usaalternativeenergynow.blogspot.com
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