ELWOOD, Indiana — German utility company E.ON has sold most of its minority ownership stake in a 126-turbine central Indiana wind farm to majority owner Enbridge Inc.
The Herald Bulletin reports (bit.ly/16mp2B5) E.On's sale of 80 percent of its stake in the 202-megawatt Wildcat Wind Farm is subject to approval by the Federal Energy Regulatory Commission. The $650 million deal also includes a majority stake in the 203-megawatt Magic Valley wind farm in Texas.
Enbridge spokesman Larry Springer says E.ON will continue to operate the Wildcat farm located about 40 miles northeast of Indianapolis in eastern Tipton County and northern Madison County.
Both the Wildcat project near Elwood and the Texas wind farm were completed by E.ON in 2012 and have the capacity to produce energy for more than 120,000 homes.
Information from: The Herald Bulletin, http://www.theheraldbulletin.com