E.ON Invests More Than $500 Million in 440 Megawatt Texas Wind Farm
15 Agosto 2019 - 12:47PM
Dow Jones News
By Olivia Bugault
E.ON SE (EOAN.XE) said Thursday that it will invest more then
$500 million to build a 440-megawatt onshore wind farm in
Texas.
The German utility said it has already sold the subscription
rights for 200 megawatts of the plant for a period of twelve years
to Austin's community-owned electric utility, Austin Energy.
However, the company didn't disclose the financial details of its
long-term agreement with Austin Energy.
The construction of the wind farm will start at the end of 2019,
E.ON said.
Write to Olivia Bugault at olivia.bugault@dowjones.com
(END) Dow Jones Newswires
August 15, 2019 06:32 ET (10:32 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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