AMP
will
invest
the
sum
in
Capistrano
Wind
Partners
on
behalf
of
a
large
Australian
pension
fund.
Capistrano
was
formed
last
year
as
a
joint
venture
by
power
producer
Edison
Mission
Energy
(EME),
finance
group
TIAA-CREF
and
Cook
Inlet
Region,
an
Alaskan
native
corporation.
The
company
focuses
on
acquiring
large-scale
wind
projects
in
North
America,
and
currently
owns
and
runs
five
plants
in
Nebraska,
Texas
and
Wyoming.
Capistrano
says
the
AMP
investment
will
help
fund
growth
of
its
portfolio,
and
that
it
will
be
studying
further
opportunities.
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