US approves sale of TAQA’s 50% stake in 205.5-MW Lakefield wind farm in Minnesota

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US approves sale of TAQA’s 50% stake in 205.5-MW Lakefield wind farm in Minnesota

Nebras Power QSC has recently acquired a 50% stake in the 205.5 MW Lakefield wind farm, located in Jackson County, Minnesota (USA), from Abu Dhabi National Energy Co PJSC (TAQA).

TAQA had already bought a 50% stake in the wind park in 2013 from a unit of French utility EDF Renewables Asset Holdings.

The transaction is expected to be completed in the first quarter of 2016.

The total installed capacity of the power project is 205.5 MW comprising 137 GE wind turbines of 1.5 MW each and is expected to generate enough energy to power 68,000 households.

The construction of the power project started in late September 2010 and became operational on October 18, 2011. The project sells energy to Indianapolis Power & Light Company under a 20 years power purchase agreement.

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