Sustainable Power Group Buys Utah Project in First Deal for WindJustin Doom
Sustainable Power Group, an independent power producer that’s focused primarily on solar, is expanding into wind energy by acquiring a 62.1-megawatt project in southeastern Utah.
The wind farm in San Juan County is expected to begin generating electricity by the end of the year, Salt Lake City-based Sustainable Power said in a statement Monday. Terms weren’t disclosed.
Berkshire Hathaway Inc.’s PacifiCorp unit agreed to buy the output under a 20-year contract.
Sustainable Power, also knows as SPower, is backed by Fir Tree Partners. It owns or operates more than 150 utility- and commercial-scale power plants in the U.S. and U.K., according to the statement. Fir Tree Partners manages about $13 billion.
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