in News Departments > FYI
print the content item

FPL Energy LLC's wholly owned subsidiary, Bison Wind LLC, has closed a private offering of $186 million of 6.665%, 24.5-year senior secured notes. The company also announced that Bison Wind Portfolio LLC, another wholly owned subsidiary of FPL, has closed a private offering of $20 million of 7.51%, 15-year senior secured notes.

The financing consisted of two wind projects in diverse geographic regions totaling 196.5 MW of capacity. The two facilities are located in North Dakota and Oklahoma. FPL Energy intends to use substantially all of the net proceeds it will receive from the offerings to repay a portion of the investment made by the company in the development, acquisition and/or construction of the two wind power projects.


Trachte Inc._id1770
Latest Top Stories

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.


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.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934
BG 2015DblBox_id2032