Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Duke Energy Gets Development Bank Loans for Two Texas Wind Farms

Dec. 20 (Bloomberg) -- Duke Energy Corp., the largest U.S. utility owner, received two $110 million loans from the North American Development Bank to build two Texas wind farms.

The 200-megawatt Los Vientos I project in Willacy County will use 87 Siemens AG wind turbines and provide electricity to CPS Energy, according to a statement today from the North American Development Bank. The 202-megawatt Los Vientos II project in Cameron County will use 84 Mitsubishi Heavy Industries Ltd. turbines and supply power for Austin Energy, the San Antonio, Texas-based bank said.

CPS and Austin Energy, the municipal utilities of San Antonio and Austin, Texas, have set goals to obtain 20 percent and 35 percent of their energy from renewable sources by 2020.

To contact the reporter on this story: Andrew Herndon in San Francisco at aherndon2@bloomberg.net

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.