ITOCHU Corporation and Tyr Energy provide tax equity financing for two solar projects in USA
ITOCHU Corporation and Tyr Energy, Inc. announced that they have agreed to provide equity financing to Aspenall Energies Kimball Wind and South Fork Wind projects. The fully operational Projects are located in Nebraska and Minnesota and have a combined nameplate capacity of 43 MW.
The Projects were developed and built by Aspenall and are located in the upper Midwest, one of the most notable areas in the United States in terms of wind power generation potential. The Projects consist of eighteen towers utilizing General Electric’s 2 MW class onshore wind turbine platform. Commercial operation was achieved in December of 2016 for South Fork Wind and in June of 2018 for Kimball Wind. Together, the Projects produce enough electricity to power approximately 16,000 US households and have 20-year offtake agreements with Iowa-based Muscatine Power & Water and the Municipal Energy Agency of Nebraska, respectively.
Country updates
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March 16, 2020
US Solar Fund closes purchase of 177 MW solar projects
US Solar Fund Plc has closed the acquisition of a solar portfolio consists of solar projects installed in three US states with a combined capacity of 177 MW. The portfolio, consists of 22 PV pa...
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March 16, 2020
Grasshopper Solar to invest more than $300m in solar portfolio in USA
Grasshopper Solar, a global developer and asset owner headquartered in Canada, has announced the acquisition of a 278 MWdc portfolio of solar projects in Pennsylvania from Glidepath Ventures. Once ope...
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March 16, 2020
Oregon Public Employees Retirement Fund commits US$500m in Stonepeak Infrastructure Fund IV
Oregon Public Employees Retirement Fund has approved the US$500 million commitment to the fund managed by Stonepeak Infrastructure Partners. Stonepeak Infrastructure Fund IV intends to invest in ...
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March 13, 2020
TRSL commits US$50m in Stonepeak Infrastructure Fund IV
The Teacher's Retirement System of Louisiana has made a commitment of US$50 million to the Stonepeak Infrastructure Fund IV of Stonepeak Infrastructure Partners. The fund seeks to invest in mid...
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March 13, 2020
Clearway Energy Group achieves financial close for the 192 MW Rosamond Central solar project in Kern
Clearway Energy Group has achieved financial close for the debt financing of the 192 MW Rosamond Central solar photovoltaic project in Kern County, California, USA. German bank Nord/LB Nor...
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