Invenergy buys 600 MW more GE wind turbines

May 1, 2007

Wind developer Invenergy Wind has contracted with General Electric to purchase an additional 600 MW of wind turbines for use in projects slated for construction in 2008.

Along with Invenergy's previously announced purchase of 600 MW for 2007 from GE, this provides 1,200 MW of wind turbines for Invenergy's 2007 and 2008 build program in North America.

The turbines are slated for Invenergy projects in the U.S. and Canada.

Over the past three years, Invenergy has developed and constructed more than 680 MW of wind energy facilities with capital costs of $1.1 billion. This includes projects in Colorado, Montana, Idaho, Tennessee, Iowa, Oklahoma, Texas and Invenergy's first European project, the 50 MW Tymien project in Poland, which went into commercial operation in 2006.

Wind energy projects completed by Invenergy in North America and Europe to date are expected to generate more than two billion kilowatt hours of electricity per year with clean and renewable generation technology.

Invenergy is a developer, owner and operator of utility-scale electricity generating facilities including wind energy and natural gas-fired projects.

The company is headquartered in Chicago and has offices across the U.S. and in London, Warsaw and Athens.

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