NJR Clean Energy Ventures to Invest Approximately $22M in First Onshore Wind Project

NJR Clean Energy Ventures (NJRCEV), the unregulated clean energy subsidiary of New Jersey Resources (NJR), today announced the acquisition of its first onshore wind project. Named for the Montana town it is adjacent to, the Two Dot wind farm will be located on 176 acres of rural agricultural land, approximately 93 miles east of the state capital of Helena. NJRCEV will invest approximately $22 million and be responsible for constructing, owning and operating the wind farm that will consist of six, GE 1.62 megawatt, 87-meter rotor diameter wind turbines for a total capacity of 9.72 megawatts. “The acquisition of the Two Dot wind project is a significant milestone for NJR Clean Energy Ventures,” said Laurence M. Downes, chairman and