The US arm of Chinese wind turbine maker Goldwind has sold its 160MW Rattlesnake wind farm to Exus Management Partners, a Texas-based renewables investment and asset management firm.
Under the deal for Rattlesnake, Goldwind – which bought the project from RES in 2016 and brought it online in 2018 using 64 of its GW109/2500 turbines – will continue to provide long-term maintenance services “designed to support the project’s operations at industry-leading availability levels”.
The terms of the sale were not disclosed.
“The sale of the Rattlesnake underscores [our] strategic US growth strategy and commercialisation of Goldwind’s technology in one of the world’s largest and most complex wind markets,” said Goldwind Americas CE0 David Sale,
Company chief financial officder Saad Qais added: “This transaction represents the start of a strong relationship between the Goldwind Group and Exus as it builds out an impressive pipeline of wind farms globally.”
The US wind industry is working at a torrid pace despite Covid-related challenges and is on track to set a national record for new capacity this year, led by Texas which has 5.3GW in construction, according to American Wind Energy Association figures.