Return to Today's Publications


Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips

Orsted Completes 338 MW Texas Wind (Ind. Report)
Orsted, Blattner Energy
Date: 2020-04-08
Orsted is reporting completion of the 338-MW, 120 turbine Sage Draw wind farm in Garza and Lynn Counties, Texas. The pproject will generate sufficient power for approximately 120,000 local households.

Orsted notes Blattner Energy, GE Renewable Energy, GE Energy Financial Services and BHE Renewables participated in the project. (Source: Orsted, PR, reve, 7 April, 2020) Contact: Orsted U.S.,; Blattner Energy, (320) 356-7351,; BHE Renewables,

More Low-Carbon Energy News Orsted,  Wind,  Blattner Energy,  BHE Renewables ,  

BayWa's Amadeus Wind Wins Tax Equity Commitment (Ind. Report)
BayWa, Amadeus Wind Project
Date: 2020-04-03
Carlsbad, California-based BayWa r.e. Wind LLC reports it has secured a tax equity commitment from a consortium led by GE Energy Financial Services for the 250-MW Amadeus Wind Project which is under construction in Lubbock. Texas. The Project also has a hedge agreement with Morgan Stanley and a construction loan with Commerzbank.

When fully operational in Q4 this year, the facility is expected to generate sufficient power for roughly 75,000 homes. (Source: BayWa r.e. Wind, Kallanish Energy, 2 April, 2020) Contact: BayWa r.e., Florian Zerhusen, CEO, Frank Jessel, Global Dir. Solar, (850) 450-6800 -- San Diego office,,

More Low-Carbon Energy News Amadeus Wind Project,  BayWa,  

Gulf Pacific Power Takes 89 pct Stake in Wind Portfolio (M&A)
Gulf Pacific Power
Date: 2019-12-18
Alabama-headquartered Harbert Management Corporation (HMC) reports Gulf Pacific Power, LLC (GPP) has acquired an 80 pct stake in Enel Green Power North America Inc. (EGPNA) Renewable Energy Holdings' 812 MW portfolio of five operating wind projects in the U.S. and Canada.

GPP formed Gulf Plains Wind, LLC to acquire the interest in REP from GE Energy Financial Services and from (EGPNA) which has retained a 20 pct stake in REP and will continue to operate the Portfolio. Financial terms of the transaction were not disclosed.

The Portfolio includes the 235 MW Chisholm View facility in Grant and Garfield Counties, Oklahoma; the 200 MW Prairie Rose facility in Rock and Pipestone Counties, Minnesota; the 200 MW Goodwell facility in Texas County, Oklahoma; the 150 MW Origin facility in Murray and Carter Counties, Oklahoma; and the 27 MW St. Lawrence facility in Newfoundland, Canada, all of which have term PPAs in place.

Hogan Lovells acted as legal counsel and CohnReznick Capital acted as financial advisor to GPP on the transaction. (Source: Harbert Management Corporation, PR, 18 Dec., 2019) Contact: HMC, (205) 987-5500,,; Gulf Pacific Power,

More Low-Carbon Energy News Gulf Pacific Power,  Wind,  

Quinbrook's Persimmon Creek Wind Farm Now Online (Ind. Report)
Quinbrook Infrastructure Partners,Scout Clean Energy
Date: 2018-09-14
Global investment management company Quinbrook Infrastructure Partners reports it has begun commercial operations at its 200MW Persimmon Creek wind farm in Oklahoma. The 17,000 acres facility incorporates 73 GE 2.5MW turbines.

The project is a JV between Quinbrook and Elawan Wind, US, and was constructed by Florida-based firm Wanzek Construction. The project was financed with equity investments from Quinbrook and Elawan along with tax equity investments from a consortium comprising of GE Energy Financial Services and JP Morgan. To be initially operated under a GE Full Service Operations and Maintenance (O&M) Agreement, Persimmon is reported to be the first project to be completed by the Boulder, Colorado-based wind energy developer and owner-operator Scout Clean Energy. (Source: Quinbrook Infrastructure Partners, power Tech, 13 Sept., 2018) Contact: Quinbrook Infrastructure Partners, (713) 580- 8022,; Scout Clean Energy, Micheal Rucker, Pres., (303) 284-7566,,

More Low-Carbon Energy News Scout Clean Energy,  Wind,  

Quinbrook Closes on $268Mn for Oklahoma Wind Farm (Ind. Report)
GE Energy Financial ServiceQuinbrook Infrastructure Partners
Date: 2018-01-19
Houston-headquartered Quinbrook Infrastructure Partners Llc reports it has completed $268 million in financing for for the first phase of the 365MW Persimmon Wind Farm in Oklahoma.

Phase one includes construction and installation of of 73, 2.5MW and 7, 2.3MW GE wind turbines.

GE Energy Financial Services will provide $190 million in tax equity financing for the project and has served as a bookrunner, administrative agent and lender for $252 million of credit facilities.

Quinbrook recently acquired a 75 pct controlling interest in Persimmon and formed a joint venture with Elawan Wind -- formerly Gestamp Wind -- the initial developer of the project.

When fully operational, the Persimmon wind farm is expected to generate about 900,000MWh of power per year. Quinbrook and Elawan claim to have secured long-term PPAs with an investment grade counterparty to support the overall financing. (Source: Quinbrool, Kallanish, CTBR, 17 Jan., 2018) Contact: GE Renewable Energy, Pete McCabe, President & CEO Onshore Wind Business, Quinbrook Shawn Cumberland, Managing Dir., (713) 580-8022,; GE Energy Financial Service,; Elawan Wind,

More Low-Carbon Energy News Wind,  GE Renewable Energy,  GE Energy Financial Service,  

Akuo Completes 150-MW Texas Wind Farm Construction (Ind. Report)
Akuo Energy
Date: 2017-11-01
French renewable power producer Akuo Energy reports construction has been completed on the 150-MW Rocksprings wind farm in Val Verde County, Texas. The wind farm incorporates 53, 2.3-MW wind turbines and 16 units of 1.72-MW machines supplied by General Electric. GE Energy Financial Services provided tax equity and UK-based investor John Laing Group plc injected $85 million cash equity.

The wind park has two separate power purchase agreements (PPAs) in place -- An international firm will buy 100 MW of the generated electricity for 15 years, while US retail giant Walmart Stores Inc (will purchase the other 50 MW under a 12-year deal. (Source: Akuo Energy, Renewables Now, Others, 30 Oct., 2017) Contact: Akuo Energy, +33 1 47 66 09 90,,

More Low-Carbon Energy News Akuo Energy,  Wind,  

Enel Inks $330Mn Wind Farm Tax Equity Deal (Ind. Report)
Enel Green Power North America
Date: 2017-10-09
Enel Green Power North America, acting through Thunder Ranch Wind Farm Holdings, reports the signing of a $330m tax equity agreement with Goldman Sachs' Alternative Energy Investing Group and GE Energy Financial Services for its 298MW Thunder Ranch wind farm in Oklahoma. The wind farm is expected to begin operations before the year end.

Thunder Ranch wind farm requires $435m investment and after the tax equity agreement, the two passive investors will receive 100 pct of Class B and Class C equity share in the project. (Source: Enel Green Power, CTBR, Others, 9 Oct., 2017) Contact: GE Energy Financial Services, Kevin Walsh, Managing Director Renewable Energy,; Enel Green Power NA, Connor Branch, Bus. Dev., (978) 681-1900,

More Low-Carbon Energy News GE Energy Financial Services,  Enel Green Power North America,  Wind,  

Showing 1 to 7 of 7.