Member access

4-Traders Homepage  >  Shares  >  Nyse  >  OGE Energy Corp.    OGE   US6708371033

OGE ENERGY CORP. (OGE)

1
Delayed Quote. Delayed Nyse - 04/17 04:04:53 pm
32.67 USD   +1.43%
04/15 OGE ENERGY : 1st Quarter 2015 Earnings Webcast
04/09 OGE ENERGY : Testimony complete in $1 billion Oklahoma Gas and Elect..
04/08 OGE ENERGY CORP : ex-dividend day
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

OGE Energy Corp. : OG&E Completes Crossroads Wind Farm Project

01/20/2012 | 10:15am US/Eastern

OKLAHOMA CITY, Jan. 20, 2012 /PRNewswire/ -- OG&E announced today that it has completed the Crossroads wind farm in northwestern Oklahoma. The project was a partnership between OG&E, Siemens and Renewable Energy Systems Americas Inc. (RES Americas.)

The $451 million project was approved by the Oklahoma Corporation Commission, and adds 227.5 megawatts of renewable generating capacity to the OG&E fleet, with 95 turbines rated at 2.3 megawatts each, plus three 3-megawatt, direct-drive turbines representing the next generation of renewable energy technology. The completion of this project allows OG&E to meet approximately 10 percent of its customers' energy requirements with wind generation.

"The Crossroads wind power project will meet the electrical needs of approximately 70,000 average homes," said Jesse Langston, vice president of retail energy. "Crossroads also will deliver significant net savings to our customers for the balance of the project's 25-year expected life."

The Crossroads wind farm is located in Dewey County near Canton and connects with OG&E's Windspeed transmission line, which was energized in 2010 and delivers wind power across OG&E's 30,000-square-mile electric service area.

The project includes more than 100 landowners. Work activities at the wind farm site, which include site reclamation and demobilization of contractors and equipment, will continue for the next several weeks.

OG&E, which serves approximately 789,000 customers in a service territory spanning 30,000 square miles in Oklahoma and western Arkansas, is a subsidiary of Oklahoma City-based OGE Energy Corp. (NYSE: OGE), which also is the parent company of Enogex LLC, a midstream natural gas pipeline business with principal operations in Oklahoma.

SOURCE OG&E

React to this article
Latest news on OGE ENERGY CORP.
04/15 OGE ENERGY : 1st Quarter 2015 Earnings Webcast
04/09 OGE ENERGY : Testimony complete in $1 billion Oklahoma Gas and Electric Co. rate..
04/08 OGE ENERGY CORP. : ex-dividend day
04/03 OGE ENERGY : Oklahoma attorney general argues against Oklahoma Gas and Electric ..
04/02 OGE ENERGY : Oklahoma Gas and Electric Co. plans to pass on $4.3 million wind le..
03/31 OGE ENERGY : Little explains OG&E rate increase partially due to federal initiat..
03/29 OGE ENERGY : BRIEF: Power restored to customers in NW Oklahoma City
03/28 OGE ENERGY : BRIEF: More than 3,000 without power in NW Oklahoma City
03/28 OGE ENERGY : The Oklahoman, Oklahoma City, Ed Godfrey column
03/27 OGE ENERGY : BRIEF: Crews working to restore power to storm-affected areas in Ok..
Dynamic quotes  
ON
| OFF