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PG&E Buys 246 MW Wind Project in Southern California

San Francisco utility Pacific Gas and Electricity (PG&E)�has acquired a $900 million, 246-megawatt wind project in Southern California from Iberdrola Renewables, the U.S. unit of the Spanish renewable energy company. This is PG&E�s first direct investment in wind generation. The deal was announced Thursday. In the U.S. direct investments by utilities in renewable energy projects…

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