Production Tax Credit

Business and Economy
5:35 pm
Wed May 8, 2013

MidAmerican Energy Announces $1.9 billion Wind Deal in Iowa

Credit flickr

Iowa’s biggest economic development deal was announced Wednesday. As Governor Terry Branstad puts it… it’s all about wind energy. Mid-American Energy will in invest 1-point-9 billion dollars in Iowa to add up to 1,050 megawatts of wind generation. That’s about 656 new wind turbines IN IOWA by 2016. Branstad says Iowa’s wind energy industry is a good selling point for high-tech companies like Facebook which just announced it would build a data center in Altoona, just outside of Des Moines.

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