ABB_id2059
in News Departments > Projects & Contracts
print the content item

Babcock & Brown, a wind energy developer and operator, has acquired seven midwestern wind energy projects - under various stages of development - from Gamesa Energy USA and Navitas Energy, a subsidiary of Gamesa.

The seven wind energy projects, totaling more than 750 MW, are located across five states in the Midwest, including three in Illinois, in Woodford and Stephenson counties. The four additional projects are located in the following counties: Manitowoc, Wis; Brookings, S.D.; Pocahontas, Iowa; and Logan, Ohio. The Logan project was acquired from Gamesa, while the remaining six projects were acquired from Navitas.

"These future wind farms are ideal additions to Babcock & Brown's near-term development pipeline because they are located in markets in which we are focused, and they are also located near areas where we have existing wind farms," says Hunter Armistead, head of Babcock & Brown's North American energy development group.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015