Iberdrola still on the fence about Horse Creek Wind Farm
"We will see if there are opportunities to take advantage of the tax credit window, consistent with our near-term business plans, and are evaluating our national pipeline to see which projects under development represent the best opportunities to push forward," Mr. Copleman said.
January 8, 2013
by Jaegun Lee
in Watertown Daily Times
CLAYTON - The extension of the federal wind production tax credit is "good news" for Iberdrola Renewables, but the Spanish energy giant hasn't decided whether to move forward with the proposed Horse Creek Wind Farm.
"The PTC's extension is unquestionably good news for us, the U.S. clean energy sector and the thousands of people working in this field," Iberdrola spokesman Paul N. Copleman said. "But it is not the only factor affecting our ability to move any individual project forward."
More important, because Congress extended the 2.2-cents-per-kilowatt tax credit by only a year, Horse Creek would not be able to meet the... [continue via Web link]