CH Energy Group, Inc. subsidiary Central Hudson Enterprises Corporation has entered into a sale agreement with Duke Energy Renewables, a commercial business unit of Duke Energy Corporation, for the Shirley Wind Farm facility in Glenmore, Wisconsin.
'This divestiture is consistent with the new strategic direction announced late last year to focus on our core energy delivery businesses,' said Steven V. Lant, Chairman of the Board, President and C.E.O. The wind energy project was acquired by CH Energy Group in 2009, and commercial operation was achieved in 2010. The closing, subject to certain conditions, is expected in July 2011.
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