Leeward Renewable Energy closes on acquisition of interest in Cedar Creek I Wind Farm
ArcLight Capital Partners, through its subsidiary Leeward Renewable Energy (Leeward), has recently announced that it has completed the purchase of BP Wind Energy North America Inc.'s 1/3 membership interest in Cedar Creek Wind Energy LLC, the special purpose vehicle that owns 301 MW Cedar Creek I wind farm.
Therefore, Leeward has become the sole member of Cedar Creek I and will continue to manage the facility. It received the majority stake in the facility when it purchased the US wind activities of Australian wind farm operator Infigen Energy’s at the end of last year.
The Cedar Creek I Wind Farm is a 301 MW facility located near Grover, Colorado. In operation since 2007, it utilizes Mitsubishi and GE turbines, which deliver clean and reliable power to Public Service of Colorado under a long-term contract that expires in 2027.
The nearby Cedar Creek II Wind Farm will continue to be operated by BP Wind Energy and to be jointly owned by affiliates of BP Wind Energy and Sempra U.S. Gas and Power.
Country news
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June 08, 2016
Fengate reaches FC on its first infrastructure investment in the United States with 120 MW San Juan Mesa wind project
Fengate Capital Management has reached financial close on the acquisition of a 25% equity interest in San Juan Mesa Wind Project LLC. San Juan Mesa Wind Project LLC is the owner of a 120 MW fully-contracted operating wind project located in New Mexico. Read more -
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June 03, 2016
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June 02, 2016
FLS Energy closes financing for 96 MW of utility scale solar in North Carolina
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May 31, 2016
Post Oak Energy Capital closes third fund with $600 million in commitments
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