in News Departments > Projects & Contracts
print the content item

Terra-Gen Power LLC, a wholly owned affiliate of ArcLight Capital Partners, has acquired, through an affiliated project company, a portfolio of six wind projects from Airstream Energy LLC. The projects, which are located in Wyoming, Nebraska, Colorado, Kansas and New Mexico, are in various stages of development. When fully constructed, the projects are expected to generate and sell approximately 2,500 MW of wind energy.

"Airstream has established a very strong presence in key geographies with exceptional wind resources," says Jim Pagano, CEO of Terra-Gen. "They have done a commendable job in creating value by securing high-quality project sites, and we look forward to working with Airstream to bring these projects to completion."

In addition, Terra-Gen and Airstream have executed a development services agreement that will retain the continuing services of Airstream for the development of the projects and ensure a seamless transition.

SOURCE: Terra-Gen Power LLC

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Hybrid Energy Innovations 2015
Renewable NRG_id1934