CH Shirley Wind LLC, a wholly owned subsidiary of Central Hudson Enterprises Corp., plans to invest approximately $50 million in a 20 MW wind project in Glenmore, Wis. CH Shirley Wind will acquire a 90% controlling interest in the project, which carries a 20-year power purchase agreement with Wisconsin Public Service Corp. for the electric output of its eight wind turbines.
Construction on Shirley Wind should begin in 2010 and is expected to be complete in the fourth quarter. The eight wind turbines, which will be supplied by Nordex USA, are projected to generate nearly 64 million kWh of electricity per year.
SOURCE: CH Energy Group Inc.
