Reuters logo
BRIEF-Montana-Dakota Utilities signs agreement to purchase power from wind farm expansion
January 3, 2017 / 1:53 PM / 9 months ago

BRIEF-Montana-Dakota Utilities signs agreement to purchase power from wind farm expansion

Jan 3 (Reuters) - Mdu Resources Group Inc :

* Montana-Dakota Utilities Co signs agreement to purchase power from wind farm expansion

* Agreement also includes an option for Montana-Dakota to buy project at close of construction.

* Expansion includes 13 to 16 turbines, depending on turbine size selected, and will be constructed by ACE

* MDU Resources Group - expansion of thunder spirit wind will boost combined production at wind farm to approximately 150 megawatts of renewable energy

* MDU Resources Group -signed a 25-year agreement with a subsidiary of Allete Clean Energy to purchase power from a wind farm expansion

* MDU Resources Group - if Montana-Dakota buys project, capital will be incremental to capital expenditure forecast of $1.24 billion for 2017 through 2021 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below