Tenaska closes US$158 million financing for 250 MW Nobles 2 project in Minnesota
Tenaska has closed US$158 million in commercial financing for the Nobles 2 wind project, which is under construction in Nobles County in southwest Minnesota.
Associated Bank, BNP Paribas, CoBank, Credit Agricole and Helaba are providing the debt financing for the project.
The Nobles 2 wind farm is owned by Nobles 2 Power Partners, LLC, which is comprised of affiliates of Tenaska and ALLETE, Inc.
Construction of the 250 MW Nobles 2 wind farm, located near Wilmont in Nobles County, began in August. Vestas is supplying 74 wind turbines and will provide maintenance services for the project. Mortenson is the engineering, procurement and construction (EPC) contractor.
Commercial operation is anticipated in 2020. When complete, the Nobles 2 wind farm will deliver power under a 20-year power purchase agreement with Minnesota Power.
Country updates
-
-
November 05, 2019
Ørsted, Eversource sign PPA for 880 MW Sunrise Wind offshore project in Long Island
Sunrise Wind has signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA). The Sunrise Wind project has an average all-in developm...
Read more -
November 05, 2019
New York finalizes contracts for 816 MW Empire Wind offshore wind project
The State of New York has finalized the contracts for the development of the 816 MW Empire Wind offshore wind project. The wind farm will be built within an 80,000-acre lease in the New Yo...
Read more -
November 05, 2019
SB Energy to acquire 1.7 GW of solar plants in USA
SB Energy Global Holdings Ltd., a subsidiary of SoftBank Group Corp., and Intersect Power, LLC, have announced that SB Energy will acquire a portfolio of five U.S. solar power plants with a combined c...
Read more -
November 05, 2019
EDPR signs a 302 MW Build and Transfer Agreement with NIPSCO for a wind farm in Indiana
EDP Renewables, through its fully-owned subsidiary, EDP Renewables North America LLC, has reached an agreement with Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource Inc., to...
Read more -
November 04, 2019
Origis Energy selects RES to build 57.5 MW Tanglewood solar PV plant in Mitchell County
Origis Energy USA has selected RES (Renewable Energy Systems) to construct the Origis Energy Tanglewood Solar project, a 57.5 MW(ac) solar farm in Mitchell County, Georgia. This contract represents th...
Read more
