Sunday, March 15, 2009

GE Invests in Acciona’s Dakotan Wind Farm


GE Energy Financial Services, an investor in energy and water industries and a business unit of General Electric Company (NYSE:GE), is investing $141 million into a wind farm. This wind farm is owned by a Spanish renewable energy developer and wind turbine manufacturer named Acciona. This Tatanka Wind Farm, on the North Dakota-South Dakota border, will power 60,000 homes. It is estimated that this $141-million-wind-farm will generate 180-megawatts of electricity. GE recently crossed the $4 billion mark with a $100 million investment in three wind farms in New York

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