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IKEA Invests in 98-MW Illinois Wind Farm

April 2014 - IKEA, a retailer of home furnishing products, is making its first investment in a wind farm in the United States with the purchase of Hoopeston Wind in Hoopeston, Illinois. To date, the 98-megawatt (MW) wind farm is the largest single IKEA renewable energy investment internationally and is expected to generate up to 380 GWh of renewable energy each year. This investment is expected to make a substantive contribution to the company’s goal to generate 100% as much renewable energy as the total energy it consumes by 2020. The wind farm is being constructed by Apex Clean Energy, an independent renewable energy company, and is expected to be operational by the first half of 2015.

Press Release - IKEA Makes First Wind Farm Investment in the United States



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