GE unit invests $117 million in Okla. wind farm

AP News
Posted: Dec 02, 2009 5:25 PM

GE Energy Financial Services said Wednesday it is investing $117 million in an Oklahoma wind farm through a partnership with Horizon Wind Energy LLC.

Horizon Wind's project is a 99-megawatt expansion of a 225-megawatt wind farm in southwest Oklahoma.

Horizon Wind is a subsidiary of EDP Renewables, which has pledged about $4 billion to U.S. wind farm construction through 2012.

The announcement was made after the markets closed Wednesday. General Electric's stock finished down 10 cents at $16.07 a share.