in News Departments > Projects & Contracts
print the content item

Irish renewables investment group NTR says that its U.S. wind company, Wind Capital Group LLC, has sold the 150 MW Osage wind project to Kansas-based TradeWind Energy Inc.

Located in Oklahoma, the Osage project began construction last fall and will start commercial operations in 2015. The project has a long-term power purchase agreement with Associated Electric, a Missouri-based electric cooperative.

NTR says the $60 million transaction marks the successful transition of Wind Capital Group from a company predominantly focused on project development to a wind investment and operations company. Wind Capital Group continues to manage over 350 MW of operating wind projects, NTR adds.

“We are very pleased to have obtained a very satisfactory value for the Osage project through its sale to a strategic party such as TradeWind,” comments NTR CEO Rosheen McGuckian. “TradeWind are active participants in the Midwest and saw the value of a quality wind project which is in an advanced stage of development.”




Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


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.

Renewable NRG_id1934
BG 2015DblBox_id2032
Canwea_id1984
Hybrid Energy Innovations 2015