Bloomberg News

GE to Supply NextEra With 288 Turbines for Ontario Wind Projects

April 10, 2012

General Electric Co. (GE:US) will supply a subsidiary of NextEra Energy Inc. (NEE:US) with 288 turbines for six wind farms in Canada that will be able to power about 120,000 homes.

The 1.6-megawatt turbines will be used in NextEra Energy’s projects in Ontario that will be operational in 2013 and 2014, Fairfield, Connecticut-based GE said today in a statement.

NextEra Energy is developing the projects after winning 20- year power purchase agreements from the Ontario Power Authority.

“These projects will benefit the environment, and they will help create jobs and generate additional economic opportunities,” NextEra Chief Executive Officer Armando Pimentel said in the statement.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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Companies Mentioned

  • GE
    (General Electric Co)
    • $26.21 USD
    • 0.29
    • 1.11%
  • NEE
    (NextEra Energy Inc)
    • $95.13 USD
    • 0.95
    • 1.0%
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