$400 Million Agreement Calls for Delivery of Machines in 2009
ATLANTA--(BUSINESS WIRE)--Through an agreement valued at approximately $400 million, GE Energy (NYSE: GE) will provide SkyPower Corp., a company affiliated with Lehman Brothers and one of Canada's leading wind energy developers, with 200 wind turbines for projects across Canada and the United States. Slated for delivery in 2009, the 1.5-megawatt GE machines will have the capacity to produce a total of 300 megawatts of wind-generated electricity, enough to meet the needs of more than 100,000 households.