6:39 PM CDT, June 2, 2008

Alliant buys 300 wind turbines from Vestas - Associated Press

CEDAR RAPIDS, Iowa - Alliant Energy Corp. says it has agreed to buy 303 wind turbines from Vestas-American Wind Technology Inc. in a deal valued at $817 million.
The agreement provides 1.65-megawatt wind turbines for Alliant subsidiaries Interstate Power and Light Co. in Iowa and Wisconsin Power and Light Co. The turbines will be used for wind farm projects in Iowa, Wisconsin and Minnesota.
The turbines will have a total installed capacity of 500 megawatts and will be delivered in three groups, beginning with the initial delivery next year. Delivery for the final two groups will begin in 2010.
Alliant says it is important to contract for the equipment under a master agreement that provides on-time delivery at a reasonable cost to customers.
Madison, Wis.-based Alliant has about 1 million electric and more than 400,000 natural gas customers in the Midwest.
(David Pitt, AP)