Duke Energy Renewables completes Los Vientos Windpower Projects in Texas; adds
800 MW to its renewables fleet in 2012
CHARLOTTE, N.C., Jan. 14, 2013
CHARLOTTE, N.C., Jan. 14, 2013 /PRNewswire/ --Duke Energy Renewables, part of
Duke Energy's Commercial Businesses, announced today the completion of its
largest-ever windpower construction projects, Los Vientos I and II in south
Texas, adding 402 megawatts (MW) to the company's renewables fleet.
(Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO )
"2012 was a very significant year for us," said Duke Energy Renewables
President Greg Wolf. "With five new windpower projects and three new solar
power projects commissioned into service, we added 800 megawatts of clean,
emissions-free energy to our fleet last year alone. Now that Los Vientos I and
II are on line, our total renewable power capacity grows to more than 1,700
MW, enough to power about half-million homes."
All of the output and associated renewable energy credits from the 200 MW Los
Vientos I Windpower Project in Willacy County are being sold to San
Antonio-based CPS Energy under a 25-year agreement.
Austin Energy is buying all of the output and associated renewable energy
credits from the 202 MW Los Vientos II Windpower Project, sited in Willacy and
"We're proud to be partnering with CPS Energy and Austin Energy to bring
renewable energy to this region," said Duke Energy Renewables Vice President
"And, we couldn't have done it without the foresight of the leaders,
landowners and people of Willacy County. Thanks to them, we were able to bring
600 jobs to the area during construction, and going forward, the Los Vientos
projects will continue to boost economic development, support the local school
districts, and be a source of dependable tax revenue for years to come."
Both phases of Los Vientos were completed and placed into service on time --
based on customer agreements -- in late December. Because of their
geographical location, approximately 120 miles south of Corpus Christi and 20
miles inland from the Gulf of Mexico, these projects will generate the
majority of their power during the day, when peak power demand is highest.
Duke Energy Renewables will hold a ribbon cutting ceremony and community open
house at the Los Vientos operations and maintenance building on Jan. 26.
In addition to the two Los Vientos wind farms, Duke Energy Renewables
completed three other windpower projects in 2012, including:
o168-MW Ironwood Windpower Project in Ford County, Kan.
o131-MW Cimarron II Windpower Project in Gray County, Kan.
o69-MW Laurel Hill Windpower Project in Lycoming County, Pa.
Duke Energy also has three other windpower projects in Texas: Sweetwater in
Nolan County; Ocotillo in Howard County; and Notrees in Ector and Winkler
Counties. Since 2007, Duke Energy has invested more than $2.5 billion to grow
its commercial wind and solar business.
About Duke Energy Renewables
Duke Energy Renewables, part of Duke Energy's Commercial Businesses, is a
leader in developing innovative wind and solar energy generation projects for
customers throughout the United States. The company's growing portfolio of
commercial renewable assetsincludes 15 wind farms and 14 solar farms in
operation in nine states, totaling more than 1,700 megawatts in
electric-generating capacity. Learn more at www.duke-energy.com/renewables.
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded
on the New York Stock Exchange under the symbol DUK. More information about
the company is available on the Internet at: www.duke-energy.com.
About Austin Energy
Austin Energy is the nation's 8^th largest community-owned electric utility
with more than 420,000 customers and operating revenues of $1.2 billion.
Austin Energy has a diverse generation portfolio of nearly 3,000 megawatts
consisting of natural gas, nuclear, coal and renewable energy. Austin Energy
created in 1991 the nation's first green building program and also achieved
the country's first conservation power plant by offsetting 700 megawatts of
peak demand through energy-efficiency programs from 1982 through 2006. Austin
Energy also led the nation for nine years in a row for sales of renewable
energy by a utility-sponsored program.
About CPS Energy
CPS Energy is the nation's largest municipally owned natural gas and electric
utility, providing service to approximately 728,000 electric and 328,000
natural gas customers in the Greater San Antonio area. The utility offers the
lowest rates among the top 10 largest U.S. cities, while ranking number 1 in
wind-energy capacity among municipally owned utilities and number 1 in Texas
for solar generation. For more information, visit www.cpsenergy.com.
Tammie McGee 980-373-8812
SOURCE Duke Energy
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