in News Departments > New & Noteworthy
print the content item

Charlotte, N.C.-headquartered Duke Energy has acquired the wind power development business of Austin, Texas-based Tierra Energy.

The purchase includes more than 1,000 MW of wind assets under development in the western and southwestern U.S., the companies say. The assets become part of Duke Energy Generation Services (DEGS), a Duke Energy subsidiary that focuses on investments in on-site energy, commercial and renewable energy assets across North America.

In addition, six members of Tierra Energy's senior management team are joining DEGS, including David Marks. Marks, who was formerly Tierra Energy's president, becomes DEGS' senior vice president, business development - wind energy.


Trachte Inc._id1770
Latest Top Stories

Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.


Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.

Renewable NRG_id1934
Canwea_id1984
UnitedEquip_id1995
Tower Conference_id1965