Monday, December 19, 2011

USA - Duke Energy (NYSE:DUK) And American Transmission Acquire Zephyr Power Transmission Project

Uploaded by on Dec 19, 2011
Duke-American Transmission, a joint VC of Duke Energy (NYSE:DUK) and privately held American Transmission, has reportedly bought out the Zephyr Power Transmission Project.

The firm intends to continue the design and development of the proposed 950-mile transmission line that will deliver wind energy generated in eastern Wyoming to California and various parts the southwestern United States.

Duke Energy Corporation is an energy company located primarily in the Americas that owns an integrated network of energy assets. The Company manages a portfolio of natural gas and electric supply, delivery, and trading businesses in the United States and Latin America.

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