AEP Signs Wind Energy PPA with Beech Ridge

American Electric Power subsidiary Appalachian Power Co. has signed a long-term power purchase agreement (PPA) for wind energy with Beech Ridge Energy LLC, a subsidiary of Invenergy Wind LLC. The agreement is subject to approval from the Public Service Commission of West Virginia and the extension of the federal production tax credit for wind energy past the end of the year. Pricing terms remain confidential.

Through the 20-year agreement, Appalachian Power will purchase all of the output, between 100 and 147 megawatts (MW), from the first phase of the planned 186-MW Beech Ridge Energy wind project currently under development in Greenbrier County, West Virgina. The wind farm is expected to be on line by March 31, 2010.

“Wind and other renewables are becoming an integral part of the diverse power generation mix necessary to meet our customers’ electricity needs,” said Michael Morris, AEP’s chairman, president and chief executive officer. “Adding these renewable generation resources, along with our plans for new baseload generation using clean coal and other technologies, positions us to continue to meet our customers’ needs while also reducing our carbon footprint.”

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