John Deere sells wind-energy unit
Deere indicated plans to sell the business earlier this year, and it named Exelon as the buyer in August. "As Deere sharpens its own strategic focus, we have concluded that the company's resources are best invested in growing our core equipment businesses around the world," Deere & Co. chairman and CEO Samuel R. Allen previously stated.
John Deere Renewables includes 36 wind-energy operations in eight states with operational capacity of 735 megawatts. A number of other wind-energy projects are in development.
Exelon is an electricity generating and distributing company, with holdings in nuclear, hydro, and fossil-fuel generation, as well as leases on renewable-energy projects like wind, solar-power, and landfill gas generating projects. It is the largest wholesale marketer of wind energy east of the Mississippi River, with 352 megawatts of wind power capacity from five wind projects.
"We expect to see increasing demand for clean, efficient wind power at a national level and in the 29 states that already have a renewable energy standard," Chairman and CEO John Rowe said earlier this year. "This acquisition gives Exelon a strong position in the wind-generation business that adds diversity to our generation fleet and provides more options for future growth."
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National Energy Board hears oral traditional evidence over Manitoba-Minnesota transmission line
WINNIPEG - Concerned Indigenous groups asked the National Energy Board this week to take into consideration existing and future impacts and treaty rights when considering whether to OK a new hydro transmission line between Manitoba and Minnesota.
Friday was the last day of the oral traditional evidence hearings in Winnipeg on Manitoba Hydro's Manitoba-Minnesota Transmission project.
The international project will connect Manitoba Hydro's Bipole III transmission line to Minnesota and increase the province's electricity export capacity to 3185 MW from 2300 MW.
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During the hearings Indigenous groups brought forward concerns and evidence of environmental degradation and restricted access to traditional lands.
Ramona Neckoway, a…
