Shenyang Power, US-REG and Cielo Wind Sign Definitive Agreement for 600 MW West Texas Wind Farm Project
December 23, 2009
Written by Editor, in China, Green Business, Green Investments, Green News, Wind
According to the Press Release, “A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) (“A-Power” or “the Company”), a leading provider of distributed power generation (“DG”) systems in China and a fast-growing manufacturer of wind turbines, today announced that Shenyang Power Group (“SPG”), the U.S. Renewable Energy Group (“US-REG”) and Cielo Wind Power LP (“Cielo Wind”) have entered into a definitive agreement for their ownership of a project company to develop a 600 MW wind farm in West Texas. The signing ceremony was held today in Washington D.C.
A-Power is a shareholder of SPG and it also has been designated to supply wind turbines to this project, which is expected to be one of the largest wind farms in the U.S. No details of the agreement were disclosed.
On October 29, 2009, A-Power announced the signing of the framework agreement of the joint venture among SPG, the US-REG and Cielo Wind on the Texas wind farm.”
Source: Press Release
