New York-based Terra-Gen Power has raised $1.2B to build the largest wind farm in the US. The company plans to generate 570 megawatts-worth of power at its Alta Wind Energy Center site in Kern County, CA.
This new capacity will be added to existing installations at the Center which stands at 150 megawatts. Terra-Gen will be buying 190 new turbines from Vestas-American Wind Technology. It's previous turbines were from GE.
For Sweden-based Vestas the order is worth more than 600M euros ($770M). The company's shares rose over 5% on the news. This is Vesta's 5th big order this year
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