bp: to acquire remaining 50% of Indiana wind farm
(CercleFinance.com) - bp's wind energy business has agreed to buy the 50% of a wind farm located in central Indiana that it doesn't already own from partner Dominion Energy, the company said late on Thursday.
The British energy group said the bp-operated "Fowler Ridge 1" asset includes 162 wind turbines, with a generating capacity of 300 MW.
bp said that the move advances its recently announced plan to increase the portion of investment into low- and zero-carbon energy systems.
In the US, the company operates nine onshore wind assets across six states and holds a stake in a tenth, in Hawaii. Together, they generate enough electricity to power 450,000 homes annually, the group said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The British energy group said the bp-operated "Fowler Ridge 1" asset includes 162 wind turbines, with a generating capacity of 300 MW.
bp said that the move advances its recently announced plan to increase the portion of investment into low- and zero-carbon energy systems.
In the US, the company operates nine onshore wind assets across six states and holds a stake in a tenth, in Hawaii. Together, they generate enough electricity to power 450,000 homes annually, the group said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.