in News Departments > Projects & Contracts
print the content item

juwi Wind LLC has completed the construction of the Community Wind South Project, located in Nobles County, Minn.

Approximately $67 million has been invested in the community to build the 30 MW wind project, which has been under development since 2003 and features 15 REpower MM92 2 MW turbines. The output from the project is being sold to Xcel Energy Inc. under a 20-year power purchase agreement.

The project secured construction and term debt financing from DZ Bank, which acted as the mandated lead arranger, and KfW IPEX, which was the lender. A BlackRock-managed fund joined juwi as a sponsor by acquiring the majority of project equity at commercial operation. A major tax-equity player committed renewable energy tax equity in support of the project in late 2012.

juwi Wind will manage the day-to-day operations of the Community Wind South project.



Trachte Inc._id1770
Latest Top Stories

Six Key Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965