in News Departments > Projects & Contracts
print the content item

Babcock & Brown Wind Partners (BBW) has completed the purchase of 100% of the Class B Member interests in the Crescent Ridge Wind Farm in Illinois from Eurus Energy America for approximately $50 million.

BBW said the acquisition represents a continuation of its strategy to invest in a diversified global portfolio of wind farms. Crescent Ridge services the PJM Interconnection (PJM) and adjacent service territories.

The energy generated by the wind farm will be sold into the PJM wholesale power pool. A second revenue source would come from renewable energy certificates, which will also be sold throughout the PJM power market and transported into adjacent service territories, such as the New York market.


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015