NewEnergyNews More: BUFFETT BUYS MORE WIND

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  • Tuesday, November 13, 2012

    BUFFETT BUYS MORE WIND

    MidAmerican Acquires Two Wind Projects Linked With Tehachapi Transmission Project

    9 November 2012 (Renew Grid)

    “MidAmerican Wind - a subsidiary of MidAmerican Renewables, whose parent company is MidAmerican Energy Holdings Co., [a subsidiary of Warren Buffett’s Berkshire Hathaway] - 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 100 Vestas 3 MW V90 wind turbines. Both projects will interconnect to and utilize Southern California Edison's (SCE) Tehachapi Renewable Transmission Project, which includes a series of high-voltage transmission lines capable of delivering electricity from wind farms and other generating sources in northern Los Angeles and eastern Kern counties. When the Alta Wind VII and Alta Wind IX projects are complete, SCE will purchase electricity from the projects pursuant to the terms of long-term power purchase agreements.”

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