World of Wind Energy - Wind Energy News, Events, Companies, Products, Jobs and more : GE unit invests $117M in an Oklahoma wind farm through partnership with Horizon Wind Energy

GE unit invests $117M in an Oklahoma wind farm through partnership with Horizon
Wind Energy
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pangea on 03/12/2009 15:04:00
 
GE Energy Financial Services said Wednesday it is investing $117 million in an
Oklahoma wind farm through a partnership with Horizon Wind Energy LLC.
Horizon Wind’s project is a 99-megawatt expansion of a 225-megawatt wind farm
in southwest Oklahoma.
Horizon Wind is a subsidiary of EDP Renewables, which has pledged about $4
billion to U.S. wind farm construction through 2012.
The announcement was made after the markets closed Wednesday. General
Electric’s stock finished down 10 cents at $16.07 a share.