SUGAR LAND--May 28, 2008 --Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this month, CPS Energy's (San Antonio, Texas) Board of Directors announced the signing of a 15-year power purchase agreement with Iberdrola Renewable (formally PPM Energy) for generation from the company's 168-megawatt (MW) Penascal Wind Farm phase one located outside of Sarita, Texas. Companies featured: Iberdrola S.A. (OTC:IBDSF)