An indirect NextEra Energy Inc. subsidiary is planning to sell taxequity interests in Nokota Wind LLC, which owns two planned wind power plantsand a transmission line in North Dakota.
BAL Investment & Advisory Inc. and The Bank of New YorkMellon, or their affiliates, will acquire interests in the 150-MW wind facility inStark County, N.D., the 149-MW Brady II wind farm in Stark and Hettinger counties,N.D., and a 19-mile, 230-kV generation tie line.
The two wind farms will sell their output to under long-term power contracts.
NextEra will continue to own managing interests in thefacilities, according to a Sept. 27 FERC application.(EC16-194)
North Dakota regulators earlier this year on the proposed projects,each of which is estimated to cost $250 million. Brady I could start producingtest energy by Oct. 25, and the Brady II facility could start testing by Nov.15, according to the FERC application.