Minnesota-based Geronimo Energy LLC has sold a portfolio of solar and wind energy projects to BHE Renewables LLC, a subsidiary of Berkshire Hathaway Energy.
Included in the portfolio are the Grande Prairie Wind Farm in Holt County, Neb.; the Walnut Ridge Wind Farm in Bureau County, Ill.; and a portfolio of Minnesota solar projects.
The solar portfolio includes seven solar developments throughout the state of Minnesota and is part of Xcel Energy's community solar garden program. Construction of the solar projects is anticipated to occur in 2016. These will be marketed through Xcel Energy's Solar*Rewards Community program.
Current subscribers to the solar portfolio include St. Paul Public Housing Agency; St. Olaf College; and District Cooling St. Paul, an affiliate of District Energy St. Paul. Other subscribers may be forthcoming.
‘BHE Renewables looks forward to becoming a part of the local communities where these projects are located,’ says Bill Fehrman, president and CEO of BHE Renewables. ‘Our team understands the positive impact these projects will have on the local economy with jobs, landowner lease payments and additional tax revenue for the counties, schools, fire districts and townships.’
