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Sempra, BP in Wind Energy Joint Venture

 Sep 21, 2009 02:45 PM UTC
Return Risk
-13.40% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
BP n/a
SRE n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

A subsidiary of Sempra Energy (SRE) recently became an equal partner of a BP Plc. (BP) unit for developing a 200MW Fowler Ridge II Wind Farm in Benton County, Indiana.

The Fowler Ridge joint venture is currently under construction on a 17,000-acre site, about 90 miles northwest of Indianapolis and is expected to be operational in the first quarter of fiscal 2010. The 200MW facility will produce enough electricity for nearly 60,000 homes.


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