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News » International » Iowa to get $1bn wind farm investment » published 29 Jul 2016

Iowa to get $1bn wind farm investment

Alliant Energy is to invest approximately US$1bn (£758m) expanding its wind energy operations in the US state of Iowa.

"Our customers expect low-cost, clean energy, which is exactly what this project will bring to the communities we serve," said Doug Kopp, president of Alliant Energy's Iowa utility business. "Wind has no fuel costs and zero emissions, making it a win-win for Iowans and the Iowa economy."

Alliant Energy's Iowa utility is seeking regulatory approval to expand its Whispering Willow Wind Farm in Franklin County and possibly develop wind energy in other areas of the state. The five-year project will add up to 500MW of energy. The company is seeking approval now to maximize the value of renewable energy tax credits to benefit its customers.

The project will result in more than 1,500 jobs at the height of construction.

 

MPU

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This article was published on 29 Jul 2016 (last updated on 29 Jul 2016).

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