Clarification on PTC benefits wind industry, NextEra CEO says

09/27/2013 | (tiered subscription model)

NextEra Energy CEO Jim Robo said he sees a positive development for the wind industry in the clarification of "start construction" status for projects to be eligible for the federal production tax credit. The clarification applies to "real" projects that have been identified this year, will be brought online by the end of 2015 and have 5% of equipment purchased, he said.

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