Ikea Acquires Illinois Wind Farm in Largest Renewable-Power Deal
Ikea, the world’s largest furniture retailer, bought a wind farm under construction in Illinois, it’s first in the U.S. and its largest renewable-energy investment to date. The 98-megawatt wind project in Hoopeston, about 110 miles (176 kilometers) northwest of Indianapolis, is expected to be complete in the first half of next year, Almhult, Sweden-based Ikea said today in a statement. Terms of the deal weren’t disclosed.
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