in News Departments > Projects & Contracts
print the content item

Airtricity Inc. says that it has agreed on $120 million in project equity investment with GE Energy Financial Services, Fortis Capital and Wells Fargo for a 125-MW wind farm under construction in West Texas.

Construction of the Forest Creek Wind Farm began in April and is scheduled for completion by the end of the year on a site 25 miles southeast of Big Spring in a remote area of vast ranchland primarily used for grazing livestock. Forest Creek will employ 54 2.3-MW Siemens MKII turbines.

Last year, Dublin, Ireland-based Airtricity announced plans to spend $1.5 billion in the U.S. market, and this project is the first fully to be developed under that strategy.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

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.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.

Renewable NRG_id1934
Canwea_id1984