DIF Infrastructure Fund V has announced the signing of an agreement to acquire 100% of MIC Renewable Energy Holdings LLC’s indirect interest in two operating wind projects located in the United States with a gross capacity of 203 MW.
Idaho Wind Partners and Brahms Wind in New Mexico have been operational since 2011 and 2014, respectively. Both projects have long-term power purchase agreements with investment grade off-takers.
The transaction is subject to receipt of usual and customary regulatory approvals and consents for transactions of this nature. Closing is expected to take place in the course of 2019.
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