Calif Regulators OK Edison Wind-Power Deal With BP Unit
October 15 2009 - 7:00PM
Dow Jones News
California regulators Thursday approved a 90-megawatt power
purchase agreement between Edison International's (EIX) electric
utility and an Idaho wind farm owned by a unit of BP PLC (BP).
Under the 20-year agreement Southern California Edison will
receive all the output from the Goshen Phase 2 wind farm in
southeast Idaho, being developed by BP Wind Energy and Ridgeline
Energy LLC., a unit of French clean energy company Veolia
Environnement (VE). The contract includes the potential expansion
of the wind farm to 130 megawatts.
The facility is scheduled to begin operations in October 2010,
according to the California Public Utilities Commission.
-By Cassandra Sweet, Dow Jones Newswires; 415-439-6468;
cassandra.sweet@dowjones.com