Copenhagen Infrastructure Partners plans to invest in Bearkat II onshore wind farm in Glasscock County, Texas. The company will, through the fund Copenhagen Infrastructure II K/S, make a net equity investment of approximately US$80 million for the construction of the project.
The wind farm will consist of 47 V126-3.45 MW Vestas turbines for a total capacity of 162.2 MW. Bearkat II is expected to commence commercial operations in December of 2019 and qualifies for 100% of Production Tax Credits. One or more tax equity investors will enter the project at commercial operations and will be providing the remaining capital.
Bearkat II has been co-developed with the Dallas-based developer TriGlobal Energy. The Balance of the Plant will be executed by Black & McDonald. Vestas will provide operational and maintenance services for the turbines via a 30-year service agreement. The project will sell its generated power to the ERCOT power market.