Sempra U.S. Gas & Power announces the acquisition of Nebraska wind project
Monday, Sep 30, 2013
SAN DIEGO, Sept. 26, 2013 /PRNewswire/ -- Sempra U.S. Gas & Power today announced it has acquired and will develop the Broken Bow 2 wind project in Nebraska. When Broken Bow 2 is completed, Sempra U.S. Gas & Power will have joint-venture projects totaling more than 1,000 megawatts (MW) of wind generating capacity.
Sempra U.S. Gas & Power also announced it has executed an agreement to purchase forty-three 1.7-MW General Electric wind turbines to power the 75-MW wind farm. Located in Custer County, Neb., the wind farm will generate enough renewable power for approximately 30,000 Nebraska homes with construction slated to begin in December 2013. The project is expected to employ about 300 workers during peak construction and to be in commercial operation by late 2014. The entire power output from the wind farm has been sold to the Nebraska Public Power District under a 25-year contract.
"We are pleased to have the opportunity to acquire, build and operate the Broken Bow 2 wind project and work with the state of Nebraska as it continues to establish itself as a renewable energy leader," said Kevin C. Sagara, vice president of renewables for Sempra U.S. Gas & Power. "Our company continues to invest in the development, construction and operation of renewable energy infrastructure. We look forward to providing a stable supply of clean power to the region and becoming a long-term partner with the local community."
"Sempra U.S. Gas & Power's Broken Bow 2 wind project will create hundreds of construction jobs and provide a substantial economic boost to the local economy," said Melissa Garcia, President and CEO of Custer Economic Development Corporation. "Wind energy development compliments Custer County's business landscape and we look forward to seeing the project break ground later this year."
The terms of the transaction were not disclosed.
About Sempra U.S. Gas & Power
Sempra U.S. Gas & Power, LLC is a leading developer of renewable energy and natural gas solutions. The company operates solar, wind and natural gas power plants that generate enough electricity for nearly 1 million homes, along with natural gas storage, pipelines and distribution utilities. The company is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company with 2012 revenues of approximately $10 billion. The Sempra Energy companies' nearly 17,000 employees serve more than 31 million consumers worldwide. For more information, visit www.SempraUSGP.com.
SOURCE Sempra U.S. Gas & Power