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Exelon wind project in Oklahoma attracts investors

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Exelon wind project in Oklahoma attracts investors

BAL Investment & Advisory Inc. and Antrim Corp. or their affiliates on Dec. 9 won FERC approval to acquire indirect, noncontrolling, passive equity interests in Exelon Wind LLC's 198-MW Bluestem Wind Project in Beaver County, Okla.

The planned facility is linked to a transmission system owned by OGE Energy Corp. unit Oklahoma Gas and Electric Co. and operated by Southwest Power Pool Inc. All of its output will be sold to Google Inc. subsidiary Google Energy LLC under a 25-year power purchase agreement. The facility is expected to begin commercial operation before the end of 2016, according to S&P Global Market Intelligence data.

Exelon Wind is a subsidiary of Exelon Corp. (FERC docket EC17-22)