MidAmerican Energy has placed an order with Vestas for 214MW of production tax credit (PTC)-qualifying components for the 2,000MW Wind XI project in Iowa.
MidAmerican Energy president and CEO Bill Fehrman said: ““Wind energy helps us keep prices stable and more affordable for customers. It provides jobs for Iowans and other economic benefits for our customers, communities and the state.
“Wind energy also contributes to a cleaner environment for everyone. We are proud to expand wind generation in Iowa. And, our customers appreciate that we’re doing it without asking for an increase in rates to pay for it.”
Vestas sales and service division for US and Canada president Chris Brown stated: “With this order, MidAmerican positions itself to secure the full value of the PTC for the Wind XI project, and takes the next step in delivering low-cost, domestic wind energy to its customers.
“As the only state to generate more than 30 percent of its energy from wind, Iowa leads the country in delivering wind energy’s economic and environmental benefits to its communities, and it’s an honor to be a part of the largest wind project in the state’s history.”
Potential future order intake under the agreement is expected to occur as partial deliveries under the master agreement and will be announced firm and unconditional consistent with Vestas’ order announcement policy.
