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."




Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Renewable NRG_id1934
Canwea_id1984
Hybrid Energy Innovations 2015