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EWEB Offloads Wyoming Wind Farm Stake (Ind. Report, M&A)
PacifiCorp, Eugene Water & Electric
Date: 2019-08-16
PacifiCorp is reporting the purchase of the Eugene Water & Electric Board's (EWEB) 21 pct stake in the south-central Wyoming Foote 1 wind farm for $1.7 million.

EWEB operated the facility for two decades and acknowledge a loss on the sale. EWEB originally invested $13 million in the $60 million wind farm which cost the utility $880,900 per year to maintain and operate the wind farm.

As previously reported, PacifiCorp plans to upgrade the 41.4-MW wind farm by replacing the facility's original 68, 600-kilowatt wind turbines with 13 new, state-of-the-art units. (Source: Eugene Water & Electric, Register-Guard, 15 Aug., 2019)Contact: EWEB, 541-685-7000, www.eweb.org; PacifiCorp, www.pacificorp.com

More Low-Carbon Energy News PacifiCorp.,  Wind,  Eugene Water & Electric,  

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