The unpublicized deal is among the largest for GE over the past year in the booming wind market in Texas, where it has also landed large supply contracts with project owners such as CPV Renewable Energy, EDF Renewable Energy, Invenergy and Starwood Energy.
An executivewith knowledge of the deal says it was structured to help allow the assetowners to qualify for the federal production tax credit (PTC) that expired last31 December.
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