MidAmerican Energy to Invest $1.9 Billion in Iowa
24 May, 2013
MidAmerican Energy Co. plans to add up to 1,050 megawatts of wind generation, consisting of up to 656 new wind turbines in Iowa by year-end 2015. “The proposed wind expansion will not only add to MidAmerican Energy’s and Iowa’s position as a national leader in wind generation capacity, it will help reduce future rates to our customers by as much as $10 million per year and further enhance our corporate principle of environmental respect by reducing our carbon footprint by 10.3 percent,” says Bill Fehrman, president and CEO, MidAmerican Energy. If the expansion is approved by the Iowa Utilities Board, MidAmerican Energy will own and operate approximately 3,335 megawatts of wind generation capacity in Iowa by year-end 2015. For complete details, visit www.iowaeconomicdevelopment.com.
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