NextEra Energy Capital Holdings signs agreement to build 200 MW wind farm in Kansas

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NextEra Energy Capital Holdings signs agreement to build 200 MW wind farm in Kansas

Kingman, a county located in the U.S. state of Kansas, thought its commissioners has signed an agreement with Kingman Wind Energy 1 LLC, a branch of Florida’s NextEra Capital Energy Holdings, to develop a 200 MW wind farm.

The deal is worth US$26.4 million. Under the terms of the agreement, Kingman Wind Energy 1 LLC will pay an up-front fee of US$2.2 million by July 27 for permits and other expenses. The firm will also make annual payments of US$800,000 for the initial 20 years, and US$700,000 after that.

Additionally, the company expects to use 14.3 miles of paved county roads during construction. It will pay Kingman County US$500,000 to cover the costs to resurface 10 miles of roads and an additional US$170,000 per mile over that.

Kingman Wind Energy has a 20-year contract to sell the power to Westar Energy, Kansas' biggest electric utility. The new facility is expected to be operational by late 2016 early 2017.

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