Tenaska closes US$302 million financing for 242 MW wind project US

Tenaska has closed approximately US$302 million in commercial financing today for Tenaska Clear Creek Energy Center, a 242 MW wind project now under construction in Nodaway County in northwest Missouri.

BNP Paribas, CoBank, Credit Agricole, Helaba and KeyBank are providing the debt financing for the project.

Construction of Tenaska Clear Creek is under way. Vestas is supplying 111 wind turbines and will provide maintenance services for the project. Mortenson is the engineering, procurement and construction contractor.

Commercial operation is anticipated in late 2019. When complete, Tenaska Clear Creek will deliver power under a 25-year power purchase agreement with Associated Electric Cooperative, Inc.