Furniture retailer Ikea buys 7.65 MW wind farm

Global wind and solar power company Mainstream Renewable Power has closed a deal to sell its 7.65 MW Carrickeeny Wind Farm to furniture retailer Ikea.

Mainstream has commenced construction of the project, which is located in Leitrim in the North West of Ireland, and it is expected to be operational in early 2014 at which point Ikea will purchase the plant. As part of the deal Mainstream will continue operate and maintain the wind farm on behalf of Ikea for its 20-year lifespan.

The Ikea Group has plans to invest nearly $2 billion in wind energy and solar programs through 2015. The company wants to generate as much renewable energy as it consumes by 2020. With this purchase, Ikea now operates and owns 137 wind turbines.

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