Business

Lone Star Wind Farm 15 year purchase


turbine002.sm.jpg More wind in Texas:
Direct Energy has signed a 15-year power purchase agreement with Horizon Wind Energy's Lone Star Wind Farm.

Horizon is a Houston-based subsidiary of Goldman Sachs Group Inc. and develops and operates wind farms across the country.

Direct Energy signs power purchase agreement, Houston Business Journal - December 19, 2006

The specific purchase agreement is for the output of the new wind project near Abilene, scheduled to be completed this spring. There is an Austin angle:
Direct Energy's current portfolio includes three advanced gas turbine/combined cycle power plants including Bastrop Energy Center near Austin, Frontera Energy Center in Mission and Paris Energy Center in Paris, in addition to the Buffalo Gap Wind Farm 1 and 2 and Sand Bluff Wind Farm power purchase agreements, all located in West Texas.
All those various wind projects should have been producing quite a bit of power these last few days, what with the storm blowing through.

-jsq

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