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Date Created: 12/21/15
Send2Press Newswire » Midwest Wind Energy Suspends Development Activi ty in Wisconsin » Print - Send2Press Newswire - http://send2pressnewswire.com - Press Release: Midwest Wind Energy Suspends Development Activity in Wisconsin NEWS SOURCE: Midwest Wind Energy, LLC Wed, 30 Mar 2011 @ 14:58 Topics: Business,CHICAGO, Ill.,Energy,Energy, Oil and Gas,Illinois,Press Releases CHICAGO, Ill., March 30 (SEND2PRESS NEWSWIRE) — In view of continued regulatory uncertainty in the State of Wisconsin a leading wind farm developer has announced that it has suspended development activity until a more predicable climate can be restored. Chicago-based Midwest Wind Energy, LLC (MWE) has been developing utility scale wind farms in Wisconsin since 2003 and has two of its developed projects operating; one a 54-megawatt project in Dodge County and the other a 67-megawatt project in Fond du Lac County. MWE is also developing a 98-megawatt project in Calumet County and another project which had not yet been announced publicly. According to MWE President, Stefan Noe, it no longer makes sense to invest significant development capital in a state that appears to be closed to the wind energy business. “Most states are clearly open for renewable energy development and the economic development dollars and jobs that come with it. So long as there are states rolling out the welcome mat it doesn’t make sense to devote significant dollars to a state that is creating unreasonable roadblocks for wind development.” Noe cites the recent suspension of PSC 128 by the Wisconsin Joint Committee for Review of Administrative Rules as the most convincing evidence that Wisconsin is not interested in working with the highly lucrative wind energy industry. PSC 128 was the culmination of almost 2 years of work by the Wind Siting Committee and resulted in some of the most restrictive and detailed wind siting rules in the country. Although restrictive, these rules created a workable compromise between the wind industry and a range of stakeholders. “Our four projects alone represent more than $600 million of capital investment in Wisconsin and more than 400 construction jobs and 40 permanent high-tech jobs. The industry as a whole has the potential to be a multi-billion dollar industry for the state. These projects also generate millions in local landowner payments and local government revenues, cash flow that is sorely needed in Wisconsin’s rural communities.” Noe said. Midwest Wind Energy, LLC is a leading developer of utility-scale wind farms in the Midwest and Great Plains with seven projects totaling 649 megawatts currently in operation. MWE has an additional 5000 megawatts of projects in its development pipeline. News Source: Midwest Wind Energy, LLC :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: Send2PressNewswire.com . Press Release printed from Send2Press Newswire: http://send2pressnewswire.com PERMALINK: http://send2pressnewswire.com/2011/03/30/s2p4352_145810.php Copyright © Send2Press® Newswire and the Neotrope® News Network, USA. All rights reserved. Send2Press is a registered trademark and service mark of Neotrope. http://send2pressnewswire.com/2011/03/30/s2p4352_145810.php/print/[3/30/2011 12:34:50 PM]
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