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The 300 MW Streator Cayuga Ridge South Wind Farm, located near Odell, Illinois, officially started generating power in March 2010. [1] The developer received a $170 million grant through the U.S. Department of Treasury's Section 1603 grants-in-lieu-of-tax-credits program. [2]
BP and Sempra Energy jointly own and financed the nearly $800 million project. [2] Blattner Energy was awarded the construction contract for phase 2. It is thus far one of the largest projects in the U.S. to be built in a single phase, creating about 500 construction jobs, and 30 long-term positions. [10]
The transaction required that the business of Momentum Life Assurers Limited was transferred to the Southern Life Association Limited which was renamed FirstRand Insurance Company Limited and much later renamed Momentum Group Limited. [5] As at the merger date, Momentum Group was a wholly owned subsidiary of First Rand.
PG&E National Energy Group filed for Chapter 11 bankruptcy in 2003. [4] After the bankruptcy, Mach Gen LLC was formed to own four of PG&E National Energy Group's power plants including the Millennium Power Plant. MACH is an acronym where each letter represents one of the four initial plants.
On December 1, 2014 US Wind won the auction for 25-year leases for two Wind Energy Areas (WEA) (OCS-A 0489, and OCS-A 0490) established by the Bureau of Ocean Energy Management (BOEM) with a bid of $8.7 million. [4] On March 1, 2018, the two lease areas were administratively merged into a single lease area referred to as OCS-A 0490. [5]
Energy Transfer LP (ET) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several ...
South Fork Wind Farm is a utility-scale offshore wind farm on the Outer Continental Shelf Offshore Rhode Island, providing energy to New York state. [5]The 130 MW, 12-turbine wind is 16.6 nautical miles (30.7 km; 19.1 mi) southeast of Rhode Island's Block Island and 26 nautical miles (48 km; 30 mi) east of Montauk Point on the South Fork of New York's Long Island.
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