in News Departments > Projects & Contracts
print the content item

Interstate Power and Light Co. (IPL), a subsidiary of Alliant Energy Corp., has received a written decision from the Iowa Utilities Board (IUB) regarding its request for ratemaking principles pertaining to the company's proposed construction of up to 200 MW of wind energy generation capacity in Iowa.

In its decision, the IUB approved the terms of a settlement agreement reached between IPL and the Iowa Office of Consumer Advocate on Nov. 15, 2007, which includes a return on equity of 11.7% and a 25-year depreciation life for up to 200 MW of IPL wind development in the state.

IPL expects to begin construction on a 200 MW wind power project at the Whispering Willow Warm Farm, located in Franklin County, in 2009. The project is expected to be completed in 2010 at a cost of $400 million to $450 million dollars.

"The IUB's decision is a milestone for our company as we build IPL's first company-owned wind farm and move to position Iowa as a leader in renewable energy," says Tom Aller, president of IPL.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015