Project Development, Wind Power

Xcel & enXco To Build 351 MW of Wind Energy

Xcel Energy and enXco have announced plans to develop 351 megawatts (MW) of wind power in Minnesota and North Dakota by the end of 2011, increasing the utility’s wind power resources by more than 10 percent company wide. Once developed, project ownership will be transferred to Northern States Power Co., an Xcel Energy company.

The agreement between enXco and Northern States Power sets a target of approximately US $900 million in investment over three years. Under the agreement, Xcel Energy will seek regulatory approvals to develop a 201-MW project in southwestern Minnesota’s Nobles County, called the Nobles Wind Project and a 150-MW project in Dickey and McIntosh counties in southeastern North Dakota, called the Merricourt Wind Project. The projects are expected to be operational by the end of 2010 and 2011, respectively.

“Xcel Energy already is the nation’s [number one] wind power provider, and this agreement advances our commitment to meet aggressive renewable energy requirements,” said Richard Kelly, Xcel Energy’s chairman, president and CEO. “We believe our partnership with enXco also will allow us to meet our goals in a cost-effective manner for our customers.”