Iberdrola Renewables Begins Construction of Minnesota Wind Farm
Posted on: Monday, 14 July 2008, 06:00 CDT
Iberdrola Renewables and Great River Energy have announced that construction has begun on the 99MW Elm Creek wind power project in southwestern Minnesota, US.
The project, expected to be commercially operating by the end of 2008, will provide enough energy for 29,000 homes each year.
The Elm Creek and Trimont wind projects reportedly provide more benefits to landowners than the typical wind project. Landowners benefit from revenue participation as well as from traditional easement payments.
In addition, production tax revenues from the project for the Jackson and Martin counties are expected to range from $350,000 to $400,000 annually.
Neal VonOhlen, chief manager of the Trimont Area wind farm and a local landowner, said: "We are happy to announce a second wind power project using the same innovative model for landowner revenue participation as our original Trimont Area wind farm. Trimont has been such a success we wanted to do another one as soon as possible."
Source: Datamonitor
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