PG&E Signs Deal for 90 MW of Wind Energy from Iberdrola Subsidiary

Pacific Gas and Electric Company (PG&E) announced that it has entered into a long-term agreement with Klondike Wind Power III LLC, a subsidiary of Iberdrola Renewables, to purchase 90 megawatts (MW) of wind energy from the Klondike wind facility in Sherman County, Oregon.

The project will generate approximately 260 million kilowatt-hours (kWh) of renewable energy annually. This would be equivalent to the amount of energy needed to serve approximately 38,000 residential homes in PG&E’s delivery area on an annual basis, the company said. Delivery from Iberdrola is expected to begin in December 2008.

“Acquiring more clean wind power is a key part of PG&E’s commitment to providing our California customers with reliable, environmentally responsible energy,” said Fong Wan, vice president of energy procurement for PG&E.

This is the second major wind project that PG&E has signed this year, bringing the utility’s total amount of renewable wind energy under contract or delivered to more than 1,250 MW.

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