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BRIEF-ALLETE Clean Energy, Xcel Energy sign 100 MW power purchase agreement
March 16, 2017 / 3:28 PM / 7 months ago

BRIEF-ALLETE Clean Energy, Xcel Energy sign 100 MW power purchase agreement

March 16 (Reuters) - ALLETE Clean Energy:

* ALLETE Clean Energy, Xcel Energy sign 100 MW power purchase agreement for new North Dakota wind farm

* Project will be built with latest wind turbine technology to maximize production and is expected to be complete in 2019

* $100 million investment in safe harbor turbines allows ALLETE Clean Energy to pursue its three-pronged ptc strategy

* Construction is expected to begin in 2018 under a 20-year power purchase agreement between ALLETE Clean Energy and Xcel Energy Source text for Eikon: Further company coverage:

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