NextEra Energy Resources LLC (NYSE: NEE) has announced that its subsidiaries have completed the purchase of the 165 MW Cimarron I Wind Energy Center from CPV Renewable Energy Co. Financial terms were not disclosed.
The project, in Gray County in southwest Kansas, is comprised of 72 Siemens (NYSE: SI) 2.3 MW turbines spread across approximately 14,000 acres. All of the power from the project is being sold to the Tennessee Valley Authority under a 20-year power purchase agreement. An affiliate of NextEra Energy Resources owns and operates the project.
NextEra Energy Resources owns and operates two other Kansas wind projects: the 112 MW Gray County Wind Energy Center and the approximately 99 MW Ensign Wind Energy Center that was brought into service in November 2012.
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