BUFFETT BUYS MORE WIND

Buffett's MidAmerican Utility Buys Three Iowa Wind Energy Projects. MidAmerican Energy Holdings Co. acquired three wind farm projects in Iowa that will have a combined wind power capacity of 404.8 megawatts at completion and 176 wind turbines.
January 9, 2012 (Regulacion Eolica con Vehiculos Electricos)

"MidAmerican Energy…[will] develop new wind farm projects in Iowa. As part of its latest wind energy plans, the company has also entered into agreements to acquire three wind power projects in Iowa that will have a combined capacity of 404.8MW with 176 wind turbines…

"Des Moines-based MidAmerican Energy is announcing it will build three new wind farm plants in five Iowa counties. Ann Thelen, spokeswoman for MidAmerican, says the moves will enhance the company’s wind energy portfolio, adding more than 400 megawatts of wind power…[Through] an agreement with Clipper Windpower…[MidAmerican will] acquire about 200 megawatts of wind farm projects in Audubon and Guthrie counties and also a 101.2 megawatt wind farm in Adair County…"

The nation's 7th best wind resource (click to enlarge)

"Another agreement is with RPM Access for a 103 megawatt wind farm in Marshall and Tama counties. Combined, 176 new wind turbines will reach into the sky with the wind farm projects. There will also be expansion at the existing Rolling Hills wind farm, which covers parts of Adair, Adams and Cass counties.

"…[When the wind farm projects are complete, approximately 29% of [MidAmerican’s] total generation capacity will be powered by wind energy…{MidAmerian has] invested approximately four-billion dollars in the state of Iowa for our wind power generation…[It] will again be working with Seimens Energy to manufacture the wind turbines at its [Iowa] facility in Fort Madison…"