in News Departments > Projects & Contracts
print the content item

Dominion, a producer and transporter of energy, has acquired a 50% interest in the Fowler Ridge Wind Farm, located in Benton County, Ind., from BP Alternative Energy Inc.

The Fowler Ridge facility is expected to be built in two phases and generate a total of 750 MW. Dominion and BP are partners for 650 MW, with BP retaining sole ownership of 100 MW.

"This project is a perfect fit for Dominion's plans to increase our renewable energy portfolio substantially in light of the nation's growing demand for clean energy," says Thomas F. Farrell II, Dominion chairman, president and CEO.

The first phase of the project, which consists of approximately 222 turbines producing up to 400 MW, is expected to be operating by the end of this year. Dominion has entered into a long-term power purchase agreement for 200 MW. Construction of the second phase of 350 MW could begin as early as 2009. Terms were not disclosed.

The entire facility will be in PJM Interconnection, the independent operator of the electric transmission system and the wholesale energy market in 13 states and the District of Columbia.



Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Renewable NRG_id1934
Canwea_id1984