Franklin County Wind LLC continues to seek a buyer for the energy produced by the wind farm, but in the meantime it will sell the power it generates into the MISO market.
Alliant Energy currently expects to elect the government cash grant option for the project. The grant is an incentive available from the U.S. Department of Treasury that offsets a portion of the cost of facilities placed into service before the end of 2012.
This press release contains forward-looking statements which can be identified because they use the words “expects,” “approximately,” or similar words. These statements are subject to certain risks and uncertainties including the impact of changes to governmental incentive elections for wind projects and unanticipated disputes with contractors, among others. Undue reliance should not be placed on these statements. The forward-looking statements included herein are made as of the date hereof and Alliant Energy undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances.
SOURCE Alliant Energy Corporation; Franklin County Wind LLC