By Editors of Power Engineering
Alliant Energy announced it has purchased the 170-MW English Farms Wind Farm under development in central Iowa.
Details of the transaction with developer Tradewind Energy were not announced. Alliant will build and own the 69-turbine project, with construction set to begin in 2018.
"Wind energy is a win for Iowans," said Doug Kopp, president of Alliant Energy's Iowa energy company. "The benefits of this project help customers through reductions in emissions and fuel cost. It gives landowners lease payments to help on the farm and it helps communities through increased local tax revenue for schools and community services."
Alliant Energy has approval from state regulators in 2016 and 2017 to add up to 1 GW of wind energy in the state at a cost of $1.8 billion, which would be enough for the utility to generate one-third of its electricity from wind by the end of 2020.