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    FERC approves Wisconsin Electric Power's $27M purchase of NextEra wind facility

    11/20/2012

    The FERC (Federal Energy Regulatory Commission) has approved the proposed purchase by Wisconsin Electric Power subsidiary of Wisconsin Energy's of a 30-MW wind farm from NextEra Energy Resources for $27 million. Wisconsin Electric Power will purchase all membership interests in Badger Windpower from NextEra subsidiary FPL Energy American Wind. Badger Windpower owns and operates the 30-MW Montfort Wind farm in Iowa County, WI. Wisconsin Electric Power intends to dissolve Badger Windpower and a related power purchase agreement following closing of the transaction. Wisconsin Energy NextEra Energy Resources FERC

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