MidAmerican Wind agrees to acquire two California wind projects from Terra-Gen Power

WIND FARM

MidAmerican Wind agrees to acquire two California wind projects from Terra-Gen Power

Greentech Lead America: MidAmerican Wind, a subsidiary of
MidAmerican Renewables, has agreed to acquire the 168-megawatt Alta Wind VII
and the 132-megawatt Alta Wind IX projects from California Highwind Power, a
subsidiary of Terra-Gen Power.

The projects are in Tehachapi, Calif., and will feature a
total of 100 Vestas 3-megawatt V90 wind turbines.

When complete, Southern California Edison will purchase
electricity from each of the projects pursuant to the terms of power purchase
agreements that extend to 2035. The projects will interconnect to and
utilize Southern California Edison’s Tehachapi Renewable Transmission Project.

“The Alta Wind VII and Alta Wind IX projects demonstrate
MidAmerican Wind’s commitment to developing wind generation in the U.S.,” said
Tom Budler, president of MidAmerican Wind. “The two projects, which are part of
the largest wind farm in the country, make an excellent addition to our growing
portfolio of renewable energy assets as we continue to evaluate and acquire
wind projects.”

The Alta Wind VII and Alta Wind IX projects are part of
the Alta Wind Energy Center. The completion of the two projects will bring the
total capacity of the Alta Wind Energy Center to 1,320 megawatts. Approximately
1,020 megawatts are currently in operation.

“With the addition of this 300-megawatt wind project,
MidAmerican Renewables’ portfolio includes more than 1,250 megawatts of owned
renewable energy assets, enabling us to help meet the need for energy generated
from renewable resources,” said Bill Fehrman, president of MidAmerican
Renewables.

MidAmerican Energy Holdings Company is the No. 1
rate-regulated utility owner of wind-powered generation capacity in the U.S.
Through MidAmerican Wind, MidAmerican is growing its unregulated wind
portfolio.  

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