Edison Mission Adds Major Wind Power Project

[RenewableEnergyAccess.com] Edison Mission Group Inc. (EMG), through one of its project subsidiaries, has entered into an agreement to acquire a 120 MW wind project in eastern New Mexico from Padoma Windpower, a California-based, wind generation developer. The electricity produced by the San Juan Mesa Wind Energy Project, being constructed by Mitsubishi and Padoma, will be sold to Southwestern Public Service, a subsidiary of Xcel Energy, under a 20-year power purchase agreement. The project will include 120 turbines, 220 feet high, each capable of generating approximately 1 MW of electricity. Project construction, which began earlier this year, is approximately 50 percent complete and expected to be finished by the end of 2005. Project acquisition is subject to completion of construction and other closing conditions.
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