Westar Energy expands wind energy with Kingman Wind farm.
Topeka, Kan., Dec. 31, 2015 - Westar Energy (NYSE:WR) has reached an agreement with an affiliate of NextEra Energy Resources to purchase another 200 megawatts of Kansas wind energy.
"Our customers will benefit from this low cost wind energy," said Mark Ruelle, Westar Energy president and chief executive officer. "Wind energy development brings jobs and investment to our rural communities."
Westar Energy will purchase energy generated at the Kingman Wind Energy Center in Kingman County, which will be in service by early 2017. As part of the transaction, Westar will have the option to purchase one-half of the facility before substantial completion. The wind farm brings over $400 million in investment and payments to the local area.
For nearly a decade, Westar has been investing in and purchasing Kansas wind energy. With this addition, our wind generation will surpass 1,700 megawatts.
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Westar Energy, Inc. (NYSE: WR) is Kansas' largest electric utility. For more than a century, we have provided Kansans the safe, reliable electricity needed to power their businesses and homes. Every day our team of professionals takes on projects to generate and deliver electricity, protect the environment and provide excellent service to our nearly 700,000 customers. Westar has 7,200 MW of electric generation capacity fueled by coal, uranium, natural gas, wind and landfill gas. We are also a leader in electric transmission in Kansas. Our innovative customer service programs include mobile-enabled customer care, a smart meter pilot project and paving the way for electric vehicle adoption. Our employees live, volunteer and work in the communities we serve.
For more information about Westar Energy, visit us on the Internet at http://www.WestarEnergy.com. Westar Energy is on Facebook: www.Facebook.com/yourwestar and Twitter: www.Twitter.com/WestarEnergy.
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Source: Westar Energy, Inc. via Globenewswire
Source: Thomson Reuters ONE
(December 31, 2015 - 10:58 AM EST)
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