News
Austin Energy wind deal canceled
A Spanish company planning to expand its wind farm in Kenedy County scrapped its idea, according to Austin Energy, which had planned to buy up to 200 megawatts of the expanded facility's generating capacity.
December 3, 2011
in Austin Statesman
The European financial crisis has apparently reached all the way to the Texas coast.
Earlier this week, a Spanish company planning to expand its wind farm in Kenedy County scrapped its idea, according to Austin Energy, which had planned to buy up to 200 megawatts of the expanded facility's generating capacity. The company informed Austin Energy it won't sign the contract it had negotiated with the city.
"The deal we had, we don't have now," said Michael Osborne, who negotiated the contract as a special assistant to Austin Energy's general manager.
City officials had... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.