Warren Buffett's MidAmerican Acquires Two California Wind Energy Projects

NAW Staff, Friday 09 November 2012 - 12:02:13

MidAmerican Wind, a subsidiary of Warren Buffett's MidAmerican Energy Holdings Co., has completed the acquisition of the 168 MW Alta Wind VII and the 132 MW Alta Wind IX projects from California Highwind Power, a subsidiary of Terra-Gen Power LLC.

The projects are located near Tehachapi, Calif., and will consist of a total of 100 Vestas V90-3.0 MW wind turbines.

When complete, Southern California Edison (SCE) will purchase electricity from each of the projects pursuant to the terms of long-term power purchase agreements. The projects will interconnect to and utilize SCE's Tehachapi Renewable Transmission Project.

With the addition of these two projects, MidAmerican Renewables’ portfolio includes more than 1.25 GW of owned renewable energy assets in operation or under construction.




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