NextEra to sell tax equity interests in three nearly-completed Kansas wind projects
Next Era is seeking the approval of the Federal Energy Regulatory Commission to sell tax equity interests in three nearly-completed Kansas wind projects.
The investors interested in the projects are BAL Investment & Advisory Inc., a wholly-owned subsidiary of Bank of America Corp, and BNY Mellon, subsidiary of The Bank of New York Mellon Corp.
The projects involved in the transaction are Ninnescah Wind Energy LLC, Kingman Wind Energy I LLC and Kingman Wind Energy II LLC. The two investors would acquire 100% of the Class B Membership Interests in the three projects.
Ninnescah project involves a wind facility with a capacity of 208.3 MW located in Pratt County, Kansas. Ninnescah has a a long-term power purchase agreement (PPA) with Westar Energy. It is scheduled to start commercial operation by early November.
Kingman I and II wind projects comprise two 103.3 MW facilities located in Kingman County, Kansas. Both hold a a long-term power purchase agreement with Westar for 100% of the power generated.
Country news
-
-
October 18, 2016
Vasari Energy buys 450 acres of land in Arizona with 68-MW solar potential
Vasari Energy Inc., a California-based solar energy provider, signed a contract to purchase 450 acres of land in Maricopa County, Arizona (U.S.), for the development of a project with up to 68 MW of solar power. Read more -
October 18, 2016
Alterra closes financing for solar project
Alterra Power Corp. and Inovateus Solar LLC have announced the closing of a US$8.9 million construction loan facility for the Kokomo solar project, an approximately 7 MW solar project located in Kokomo, Indiana (U.S.). Read more -
October 17, 2016
EDF Renewable Energy and Axium Infrastructure close agreement for Slate Creek Wind Project
EDF Renewable Energy and a consortium led by Axium Infrastructure have announced the closing of the Slate Creek Wind acquisition, by which Axium acquired a 50% ownership interest in the 150 MW Slate Creek Wind Project. Read more -
October 17, 2016
TEPCO invests in United Wind
Tokyo Electric Power Company Holdings, (TEPCO Holdings) has made an investment in United Wind, Inc., a venture company developing solutions business in the U.S. that reduces customers’ electricity expenses by utilizing small wind power generation facilities. Read more -
October 17, 2016
Ullico invests in 135 MW hydroelectric power portfolio
Ullico has announced that it has closed a US$50 million financing of the Eagle Creek Renewable Energy Hydroelectric power portfolio, expanding on a prior financing Ullico completed in 2015. Read more
