Cordelio Power achieves financial close, commissions 185 MW Glacier Sands wind project in Illinois

Cordelio Power has commissioned its 185 MW Glacier Sands wind project in the US. The project, located in Mason County, Illinois, is comprised of 43 Vestas V150-4.3 wind turbines. The wind farm will sell 100% of its renewable energy under a 15-year contract with Microsoft.

Simultaneously with commercial operations, the Glacier Sands project financing was completed. Cordelio’s tax equity partner, Berkshire Hathaway Energy Investment Group, has funded its initial investment, and the remaining portion of the original construction loan has been converted into a term loan coordinated by Rabobank and provided by affiliates of Rabobank, Bank of Montreal, National Bank of Canada, and MUFG.