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John Deere Helps Missouri Catch the Wind
Collaboration will develop the state’s first utility-scale wind energy project
January 31, 2006 – John Deere, developer Wind Capital Group, and the Missouri’s Rural Electric Cooperatives announced their plans to construct the state's first utility-scale wind energy project. Located in King City in northwest Missouri, the 50-megawatt project will be completed in 2006.
Dubbed "Bluegrass Ridge" in tribute to the area's historic role in bluegrass seed harvesting, the project will produce enough power for 30,000 homes. The electricity will be purchased by Springfield, Mo.-based Associated Electric Cooperative, Inc., and distributed through its network of regional and local rural electric cooperatives.
John Deere is providing financing for the project through its John Deere Wind Energy business unit. "John Deere is excited to be a part of Missouri’s first wind project, and to be making an investment that benefits the communities where our customers live," said David Drescher, vice-president of John Deere Wind Energy.
Impact on the local economy could be significant. Farmers in the project area will have the opportunity to receive annual lease payments and the area could also see job creation, local investment, tourism and an expanded tax base.
Construction is expected to begin in early summer with at least 16 turbines operational by the end of the year.
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