in News Departments > FYI
print the content item

Chicago-based Airtricity Inc., the North American affiliate of Dublin, Ireland-headquartered Airtricity Holdings Limited, has obtained an $85 million equity financing commitment for its Sand Bluff wind farm projected located near Big Spring, Texas, from a group of investors led by JPMorgan Capital Corp.

According to Airtricity, its 90 MW Sand Bluff wind farm project is currently under construction and is expected to be in commercial operation during the second quarter of 2007.

"We are excited to be assisting Airtricity with the financing of its U.S. wind farm projects," says John Eber, JPMorgan's managing director for energy investments. "Once Sand Bluff is completed, it will provide the citizens of Texas with an additional 90 MW of clean renewable energy."



IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

Deepwater Hits Financial Close For Block Island Wind Farm, Expects Summer Construction

The Providence, R.I.-based offshore wind developer becomes the first to financially close on a U.S.-based offshore wind project.


More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.

Hybrid Energy Innovations 2015