GE is investing common equity and supplying turbines for the 250MW Buffalo Dunes Wind Project in Kansas.
GE unit GE Energy Financial Services now owns 51 per cent of the Buffalo Dunes project under construction southwest of Garden City, Kansas in Finney, Grant and Haskell counties. Enel Green Power North America, a subsidiary of Enel Green Power, maintains a 49 per cent ownership stake, retains an option to increase this stake to 75 per cent if elected during certain periods in 2013 and 2014, and serves as project manager. In addition to capital, GE is supplying 135 wind turbines for the project and will provide operations and maintenance after completion. Alabama Power Company will buy most of the electricity from the project under a 20-year agreement. Construction, managed by RES Americas, is expected to be completed by December.
