Wind Energy America Inc., based in Eden Prairie, Minn., has completed a strategic acquisition of the developer's stake of the Shaokatan Hills and Lakota Ridge wind farms, both located in Lincoln County, Minnesota.
According to Wind Energy America, the wind farms contain 33 turbines with a total rated capacity of 23 MW and are located on Buffalo Ridge.
Based on the wind power generated at Shaokatan Hills and Lakota Ridge during the past few years, the company expects to receive total net revenues of at least $11 million from 2010 through 2018. In 2018, Wind Energy America says, it will repower both wind farms with new and larger wind turbines.
