The deal will result in the construction of the Wildcat -1wind energy project located in Madison, Grant, Howard and Tipton counties about 45 miles northeast of Indianapolis, US.

Construction of the wind farm is slated to begin by the end of this year and the facility is expected to be fully operational by the end of 2012.

The wind turbines at the site will be connected to the AEP transmission system to supply power to I&M customers in both Michigan and Indiana.

According to the company, the PPA is subject to approval from regulators in Michigan and Indiana.