GE identifies cause of blade breaks
16 December 2013 08:42 GMT
Gamesa bags 450MW EDPR US order
27 December 2013 11:13 GMT
Vestas picks up 110MW US order
27 December 2013 09:01 GMT
Richard A. Kessler
Wednesday, January 01 2014
Updated: Thursday, January 02 2014
Morgan Stanley arranged the project debt, including a construction loan and a term loan commitment. Tax equity commitments also were secured from several lenders. Financial details were not disclosed.
Miami is located in the Texas Panhandle eighty miles northeast of Amarillo. Commercial operations are scheduled to begin in the third quarter.
"We’re pleased to complete financing for Miami, our largest wind project to date and our first power generation project in the Texas Panhandle,” says Jim Murphy, chief financial officer at Invenergy.
Invenergy acquired the Miami project from Pioneer Green Energy of Austin, Texas. It will utilize 156 GE 1.85MW turbines. Balance of plant construction will be completed by RMT.
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