MidAmerican Energy is filing a request with the Iowa Utilities Board (IUB) to build Wind XI, a project that will add up to 2,000MW of wind generation in Iowa. The proposed $3.6 billion project is the largest wind project MidAmerican Energy has ever undertaken.
MidAmerican Energy will work to finalise locations for its Wind XI development while the IUB considers the project filing request. The company has asked the IUB to approve its rate-making principles by September so it can take full advantage of the extended production tax credit available for the construction of new wind projects. The Wind XI project has been timed to allow MidAmerican Energy to make maximum use of available wind PTCs for the benefit of customers.
