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IKEA Makes Largest Wind Investment

November 2014 - The IKEA Group made its largest renewable-energy investment to date by purchasing a 165 MW wind farm from Apex Clean Energy in Cameron County, Texas. Together with the purchase of the 98 MW Hoopeston wind farm in Illinois earlier this year, IKEA's wind facilities in the US are expected to generate nearly 1,000 GWh of electricity per year, estimated to be enough electricity to power around 90,000 American households year-round. IKEA now owns and operates 279 wind turbines in nine different countries (with 104 of these in the U.S.) and is planning to invest a total of $1.9 billion in wind and solar power by 2015. The Cameron County wind farm will be built and operated by Apex and it is expected to be fully operational by the end of 2015.

News Article - The IKEA Group Makes Largest Wind Farm Investment to Date