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
