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NJR's Windfarm Begins Commercial Operations in Carrol County, Iowa

NJR Clean Energy Venture's Carrol County, Iowa windfarm has begun commercial operations.

Released Tuesday, July 14, 2015

NJR's Windfarm Begins Commercial Operations in Carrol County, Iowa

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Researched by Industrial Info Resources (Sugar Land, Texas)--NJR Clean Energy Ventures' 20-megawatt (MW) windfarm, located in Carrol County, Iowa, began commercial operations late last month following its completion. NJR Clean Energy Ventures is part of New Jersey Resources (NYSE: NJR) (Wall, New Jersey).

The windfarm is equipped with Siemens AG (NYSE:SI) (Munich, Germany) wind turbines, and will sell energy under a 25-year power purchase agreement with MidAmerican Energy Company (Des Moines, Iowa). The project had a total investment value of $42 million.

Construction was completed by Mortenson Construction (Minneapolis, Minnesota). NJR owns and operates the windfarm. Construction began in October 2014 and was mechanically completed in the spring.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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