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Xcel looks to end New Era Wind contracts

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RED WING, Minn. -- Xcel Energy could begin pulling out of an agreement to buy power from the New Era Wind Farm as early as Monday, a utility director said.

New Era was given until Sunday to resolve a delay in the production of a 78-megawatt wind farm in Goodhue County that is causing the company to default on an agreement to sell its power, said Jim Alders of Xcel Energy.

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