LA approves UPC Wind deal

UPC Wind, a Newton-based wind power company, announced that a 20-year power purchase agreement to supply Los Angeles with wind power from its Utah-based Milford Wind Corridor project has been approved by city officials.

“The approval of this power purchase agreement by the mayor and the L.A. city council is a major milestone for our Utah-based Milford Wind Corridor project,” Paul Gaynor, president and chief executive of UPC Wind, said in a statement.

As part of the agreement, the Los Angeles Department of Water and Power will receive 185 megawatts from Phase I of the Milford Wind Corridor, UPC Wind said.

According to UPC Wind, 185-megawatts represents enough power to serve about 39,000 homes and meets 1.9 percent of the city's renewable energy goal of 20 percent by 2010.
(By Chris Reidy, Globe staff)