Horizon Wind Energy LLC has signed wind turbine supply and service agreements with GE Energy for future US projects.
Horizon has also announced the establishment of a regional headquarters in Albany, NY to oversee its future projects in New York State and the Northeastern United States. GE will supply Horizon with 201 1.5MW wind turbines, to be shipped during 2010. Under a separate, two-year agreement, GE will provide operations support, parts and maintenance for those units. In addition to its relationship with GE Energy, Horizon Wind Energy is receiving a US$ 300 million equity investment from GE Energy Financial Services in four of its wind farms. The investment will go to a 600MW portfolio of wind farms in Oregon, Minnesota, Illinois and Texas.
