The company is interested in either purchasing the energy output of the new wind generation projects through a power purchase agreement or owning the wind generation assets.
Xcel Energy is currently accepting proposals for resources that can be placed in service by 31 December 2012.
Xcel Energy company Northern States Power – Minnesota president and CEO Judy Poferl said that Xcel is on-track to meet mandated renewable energy requirements, and a key component of its strategy is the development of new sources of wind energy.
Xcel Energy said it is working toward a goal of producing 30% of its energy from renewable sources by the year 2020, with the majority generated from wind resources.
