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Silver Springs, Md.-based CPV Renewable Energy Co. (CPV), a subsidiary of Competitive Power Ventures Holdings, has sold the rights to the initial 101.2 MW phase of the CPV Keenan wind farm to Oklahoma Gas & Electric Co. (OG&E). The wind farm will be renamed OU Spirit and will supply renewable energy to the University of Oklahoma (OU) through a wind power agreement between OU and OG&E.

"Through its innovative agreement with OU and purchase of the initial phase of the CPV wind project, OG&E has again taken a leadership role in promoting wind energy in Oklahoma," says Sean Finnerty, senior vice president of CPV. "Like OG&E, CPV is committed to helping state regulators in their effort to increase the amount of renewable energy available for Oklahoma electric customers."

CPV developed the wind farm - located south of Woodward, Okla. - as the initial phase of a multi-phased project expected to reach commercial operation starting in late 2009. The project will utilize 44 Siemens 2.3 MW wind turbines and will be constructed under an agreement with Tetra Tech EC. CPV expects Phase II of the Keenan project to progress toward a commercial operation date in 2010.

SOURCE: CPV Renewable Energy Co.

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