Taaleri Energia divests majority stakes in 336 MW Truscott-Gilliland East Wind Project in Knox County
Taaleri Energia has sold 93% of its US wind project, Truscott Gilliland East, to the Taaleri SolarWind II fund, AIP, Mutual Pension Insurance Company Ilmarinen, and Akuo Energy. Taaleri Energia will remain as a minority owner with a 7% equity stake in the project.
Taaleri Energia acquired its first US wind project in January 2018. The ready to build project has been developed in-house by Taaleri Energia following the acquisition from its development partner NorthRenew Energy.
Financing for the investment, in the form of tax equity, will be provided by BHE Renewables (a subsidiary of Berkshire Hathaway Energy) and construction financing by NORD/LB, Mizuho, Santander, and Societe Generale.
The wind farm is located in Knox County, Texas, and represents a 336 MW and US$450 million investment in the North American renewable energy sector. The wind farm will, when constructed, produce enough electricity to supply around 115,000 households and will offset the equivalent of 604,000 tonnes of carbon dioxide during each year of operation.
Country updates
-
-
June 18, 2020
Vestas provides turbines for 336 MW Escalade wind project in Texas
Vestas has received a 336 MW order from the Taaleri SolarWind II fund and co-investors, AIP and Akuo Energy for the Escalade wind project in Texas, USA which will feature the first Enventus platform t...
Read more -
June 18, 2020
Soltec supplies solar trackers for 265 MW PV project in Ohio
Soltec has supplied its SF7 tracker for a 265 MWDC project currently being developed by Innergex Renewable Energy Inc. in the State of Ohio, USA. PCL is performing the engineering, procurement, and co...
Read more -
June 17, 2020
North Dakota regulators approve 200 MW Northern Divide Wind Project in Burke County
The North Dakota Public Service Commission has approved a siting permit for NextEra Energy Resources' Northern Divide Wind Project and associated transmission line in Burke County. The wind farm...
Read more -
June 16, 2020
DFC announces Public Comment Period for change in Nuclear Energy Policy
U.S. International Development Finance Corporation (DFC) began a 30-day public notice and comment period on a proposed change to the agency’s Environmental and Social Policy and Procedures&...
Read more -
June 16, 2020
Minnesota Power energizes 250 MW Great Northern Transmission Line
Minnesota Power, a utility division of ALLETE Inc., has energized its Great Northern Transmission Line, bringing online an innovative delivery and storage system for renewable energy that spans two st...
Read more
