Goldman Sachs to invest in 531 MW wind project in Texas
Sachs Group Inc. has entered into a binding equity capital contribution agreement for a tax equity investment of up to US$200 million in the first phase of Omega Energia SA's 531 MW Goodnight wind project in Texas, USA.
MUFG Bank Ltd, Sumitomo Mitsui Banking Corporation, and Cooperative Rabobank UA have committed to provide US$40 million in project finance concurrently with this transaction. The agreement also includes a bridging loan and a letter of credit to cover six months of project financing debt payments.
The entire Goodnight wind complex is anticipated to be completed in 2023.
Country updates
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December 23, 2022
EQT Infrastructure invests in Madison Energy Investments
Stonepeak Partners LP affiliates have agreed to sell Madison Energy Investments (MEI) to the EQT Infrastructure VI fund. MEI is a developer, owner, and operator of distributed solar and energy storag...
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December 22, 2022
AIB invests in Irish solar PV pipeline
AIB has invested EUR8.5 million ($9 million) in BNRG, an Irish solar developer and operator with a solar development pipeline of 2.7 GW throughout Ireland, the US, the UK, and Australia, as well as 23...
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December 21, 2022
ConnectGen wins permit for 200 MW wind project in Illinois
ConnectGen has announced that the Logan County Board granted its 200 MW Pike Creek Wind Project a final Conditional Use Permit. The wind farm will feature around 45 turbines installed in Logan County,...
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December 19, 2022
Stryker, Ørsted sign PPA for 37 MW of Sunflower wind project in Kansas
Medical technology company Stryker has signed a power purchase agreement (PPA) with Ørsted for the purchase of 37 MW of clean energy from the 201 MW Sunflower Wind project located in...
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December 16, 2022
Spearmint Energy starts commercial operation of 150 MW battery storage project in Texas
Spearmint Energy has started the construction of the 150 MW, two-hour battery energy storage project located in Texas, USA. The facility will be constructed in partnership with Mortenson acting...
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