The North Dakota Public Service Commission (PSC) approved the transfer of Geronimo Energy's Courtenay Wind Farm to Xcel Energy.
Xcel Energy, which was to buy all of the output produced by the wind farm, will now take ownership of the 100-turbine wind farm. Reportedly, the transfer was initiated by Geronimo's reported inability to secure financing to construct the project.
The wind farm will provide about $850,000 in annual tax revenue and will create an estimated 200 construction jobs and up to 10 permanent jobs in North Dakota, according to Xcel.
