Wind Capital Group has agreed to sell 150 megawatts of electricity from a wind farm being developed in Oklahoma to Springfield-based Associated Electric Cooperative Inc.
The wind farm, owned and operated by St. Louis-based Wind Capital, is located about an hour northwest of Tulsa, the company said. Construction is expected to begin this fall and be complete in June.
Wind Capital, founded by Tom Carnahan in 2005, operates 5 wind farms in Missouri with a combined generating capacity of 311 megawatts. The company is also developing a $250 million, 150-megawatt wind project in South Florida, and a wind farm in central Kansas.
Associated Electric sells wholesale power to 57 electric cooperatives in Missouri, Iowa and Oklahoma. Terms of the agreement with Wind Capital weren't disclosed.
Read more from Jeffrey Tomich, who covers energy and the environment for the Post-Dispatch. Follow him on Twitter @jefftomich and the Business section @postdispatchbiz.
