Project Development, Wind Power

NextEra to Build Wind Turbine Service Facility

Iowa Governor Chet Culver this week joined NextEra Energy Resources LLC to break ground on NextEra Energy Resources’ Generation Repair and Service (GRS) facility. The GRS facility will be used to overhaul and repair wind turbine electric generation equipment operated by subsidiaries of NextEra Energy Resources. It will also be used to warehouse and store parts and supplies to support renewable and other energy-related operations throughout the Midwest.

NextEra Energy Resources expects to invest approximately US $20 million to expand an existing building located in the I35 Business Park east of Story City and about 40 miles north of Des Moines. Construction on the project is expected to begin immediately and be completed by the end of 2009.

“Renewable energy is a key not only to long term issues, such as the environment and national security, but for our immediate need to create jobs in Iowa,” said Governor Culver. “NextEra Energy’s groundbreaking represents a positive step in moving Iowa’s economic growth forward by a company that has been a leader in generating wind power across the nation. The jobs created here are going to be jobs of the future, and they’re coming to Iowa.”

The facility will create more than 75 jobs during peak construction and, once operational, 20 to 25 full-time positions. In addition, by the end of the second year of operation, the facility is expected to generate total tax revenue of approximately US $500,000 based on current projections.