Duke Energy Completes 402 Megawatts of Texas Wind Farms

A unit of Duke Energy Corp (DUK), the largest U.S. utility owner by market value, has started producing power at wind farms in Texas with 402 megawatts of combined capacity.

The 200-megawatt Los Vientos I project in Willacy County is selling power to CPS Energy Products Inc. and the 202-megawatt Los Vientos II project in Wilacy and Cameron Counties is selling power to Austin Energy, Charlotte, North Carolina-based Duke Energy Renewables said today in a statement.

The projects will “boost economic development, support the local school districts, and be a source of dependable tax revenue for years to come,” Duke Energy Renewables President Greg Wolf said in the statement.

Duke’s unit, with enough capacity to power half a million homes, now has more than 1,700 megawatts of wind and solar capacity, Wolf said.

To contact the reporter on this story: Ehren Goossens in New York at egoossens1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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