MG&E seeks 100 MW of base load
From MG&E’s Web site:
Madison, Wis., Dec. 13, 2006—Madison Gas and Electric (MGE) (NYSE: MGEE) is issuing a Request for Proposal (RFP) for up to 100 megawatts (MW) of baseload capacity beginning as early as 2011. MGE estimates baseload power needs to increase 10 MW annually.
The company will consider an equity ownership, a purchased power agreement (PPA) or a PPA with an option to acquire ownership in a facility. PPA proposals will have terms ranging from 10 to 30 years. Final bidder selection will be on or before April 27, 2007.
Public information associated with the RFP, including all RFP documents as issued and updated, is available at www.mge.com. Prior to the Feb. 22, 2007, submission deadline, all communications should be directed to MGE via the Web site or by sending an e-mail to baseloadRFP@MGE.com.
See MG&E’s Web site for complete details on the RFP.
