MidAmerican Renewables completes acquisition of 81 MW wind project Invenergy Wind

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MidAmerican Renewables completes acquisition of 81 MW wind project Invenergy Wind

Greentech Lead
America
: MidAmerican Renewables has completed the acquisition of 81 MW
Bishop Hill II wind project from Invenergy Wind. This project will feature 50
General Electric 1.62 MW wind turbines.

Construction of the wind project started in Q4 2011. Bishop
Hill II is likely to be in commercial operation in fourth quarter 2012. Ameren
Illinois will purchase the electricity from the project pursuant to the terms
of a 20-year power purchase agreement.

Bishop Hill II is the second phase of Invenergy’s Bishop
Hill Wind Energy Center. The first phase, Bishop Hill I, includes 133 General
Electric wind turbines. Bishop Hill I is under construction in Henry County,
with commercial operations due to commence in mid-2012.

“We believe MidAmerican Renewables will be an ideal neighbor
for Invenergy and the local community hosting the Bishop Hill Wind Energy
Center,” said Jim Murphy, chief financial officer and chief operating officer
of Chicago-based Invenergy.

“The closing of the Bishop Hill II acquisition adds to our
growing portfolio of renewable energy assets. We continue to focus on growing
our portfolio of renewable energy projects and look forward to evaluating and
acquiring wind projects similar to this,” said Bill Fehrman, president of
MidAmerican Renewables.

MidAmerican Energy Holdings provides electric and natural
gas service to more than 6.9 million customers worldwide.

[email protected]

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