share_log

ALLETE Clean Energy Has Sold The Whitetail Wind Project In Southwestern Wisconsin To Invenergy, With The Intent That It Be Constructed And Subsequently Sold To WEC Energy Group Utilities We Energies And Wisconsin Public Service Corp. As Well As...

Benzinga ·  Oct 29 22:08

ALLETE Clean Energy Has Sold The Whitetail Wind Project In Southwestern Wisconsin To Invenergy, With The Intent That It Be Constructed And Subsequently Sold To WEC Energy Group Utilities We Energies And Wisconsin Public Service Corp. As Well As Madison Gas And Electric Co.; No Financial Terms Disclosed

ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc. (NYSE:ALE), today announced the company has sold the Whitetail wind project in southwestern Wisconsin to Invenergy, with the intent that it be constructed and subsequently sold to WEC Energy Group utilities We Energies and Wisconsin Public Service Corp. (WPS) as well as Madison Gas and Electric Co. (MGE).

ALLETE Clean Energy acquired the Whitetail wind project in 2021 and developed it for sale to help companies advance their carbon-reduction goals. The approximately 70-megawatt Whitetail project will consist of up to 21 turbines on about 5,938 acres in Clifton and Wingville townships in Grant County. It will produce enough energy to power tens of thousands of homes.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment