in News Departments > Projects & Contracts
print the content item

Clear Wind Renewable Power Inc. has executed a purchase agreement for four wind energy projects with a total planned capacity of 320 MW from Chermac Energy Corp., an Oklahoma-based independent energy company. The four wind projects are at various stages of development.

"We have been looking to acquire wind projects for a considerable period of time now," says Matt McCabe of Clear Wind. "When we began discussions with Chermac on these projects last year, we were confident we had found a good set of projects and the right team with which to partner on completion of development."

Chermac was advised by NorthWinds Advisors of Harrison, N.Y., on the transaction.


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?

Renewable NRG_id1934
Hybrid Energy Innovations 2015