Juhl Wind has acquired the 10.2MW Woodstock Hills wind farm located in Minnesota, US.
The 10.2MW wind facility utilizes 17 units of Vestas V-44 turbine and sells the wind power to Xcel Energy under a long-term power purchase agreement.
Woodstock Hills, located in Woodstock, was placed in service in 1999 and was previously owned in concert with two significant companies in the energy business as its institutional investor partners.
The company paid $400,000 to acquire a controlling, 99.9% ownership interest, while the local owner holds .1% interest.
Juhl Wind expects the wind facility to continue to generate revenue of approximately $1.2m per year.