ORIX Corporation has completed the equity investment by its Strategic Solutions group for the 150 MW wind farm project located in Amarillo, Texas, USA. The wind farm will consist of 75 turbines that will supply energy to the communities in Armstrong and Carson counties and surrounding areas.
Vinson & Elkins LLP acted as legal advisor to ORIX USA. The terms of the transaction were not disclosed.
The transaction is ORIX USA’s first investment in U.S. wind energy and represents the company's growing focus on renewables through strategic, innovative investments in solar, biofuel, and wind projects.