Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

United States

United States

Buffalo ridge financing and construction milestones

Two projects that could help Northern States Power on the way to fulfilling its 425 MW wind mandate -- at prices ranging from $0.03-0.04/kWh -- have passed financing and construction milestones. Northern Alternative Energy Inc, owner and manager of two proposed projects with a combined capacity of 23 MW on Buffalo Ridge, near Hendricks in Minnesota, has completed a $32 million financing package. Construction was expected to begin in mid-September, according to Michelle Rogers, project manager for Northern Alternative Energy. "The cost of that energy, levelised over 30 years, will be between three cents and four cents," confirms Steve Wilson, account manager for NSP.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Windpower Monthly Events

Latest Jobs