By Monica Houston-Waesch

 

FRANKFURT--E.ON SE (EONGY) said it would invest $500 million to build a wind park in Macon County, Ill. with installed capacity of 278 megawatts.

The Radford's Run project, originally called Twin Forks, will be the second-largest wind farm in the state, and is E.ON's third project there, the German energy company said.

Radford's Run will be completed by the end of 2017, with Vestas supplying 139 2MW turbines, E.ON added.

It also said Johnson & Johnson had signed a 12-year power purchase agreement to acquire half the output of E.ON's 200 MW wind farm Colbeck's Corner in Texas. That is equivalent to 60% of Johnson & Johnson's electricity consumption in the U.S., E.ON said.

 

Write to Monica Houston-Waesch at nikki.houston@wsj.com

 

(END) Dow Jones Newswires

October 20, 2016 06:17 ET (10:17 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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