Clearway secures funds to repower 55 MW Pinnacle Wind Project in Mineral County
Clearway Energy Group has closed financing and begun repowering construction on Pinnacle, a 55 MW wind farm in Keyser, West Virginia.
Pinnacle, which is owned by Clearway’s public affiliate, is contracted under long-term power purchase agreements with the University System of Maryland and Maryland Department of General Services. Clearway also closed US$128 million in debt financing with Keybank National Association and Sumitomo Mitsui Banking Corporation to facilitate the repowering activity.
Once complete, the site will have a total of 23 turbines supplied by Siemens Gamesa Renewable Energy. Construction is being led by a joint venture between Reed & Reed, Inc. and Bechtel Infrastructure and Power Corporation. Pinnacle is expected to achieve repowering commercial operations in late 2021.
Country updates
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