Sempra in Mexico wind-power deal
From Times Wire Services
Sempra Energy, owner of the largest U.S. natural-gas utility, said it agreed to buy the development rights to a wind-power facility in Mexico as part of a venture into renewable energy.
Sempra said it agreed to acquire the rights to develop a 250-megawatt wind-power project near La Rumorosa, a town in Baja California about 70 miles east of San Diego, where Sempra is based. It is buying the rights from Cannon Power Corp. One megawatt is enough to power about 750 average U.S. homes.
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