Goldwind Americas has sold the 160MW Rattlesnake wind farm in the US state of Texas to an unnamed investment company advised by Exus Management Partners for an undisclosed price.
Under the terms of the deal, Goldwind Americas will continue to provide the project with long-term maintenance services designed to support the company’s warranty package and the project’s operations.
Rattlesnake, which is located in McCulloch County in central Texas, comprises of 64 Goldwind GW109/2500 turbines.
The project was purchased by Goldwind in 2016 and reached commercial operation in 2018.
Marathon Capital acted as Goldwind’s sell-side financial advisor.
Goldwind Americas chief executive David Sale said: “The sale of the Rattlesnake Wind Project underscores Goldwind’s strategic US growth strategy and commercialisation of Goldwind’s technology in one of the world’s largest and most complex wind markets.
“Goldwind Americas and our local service and maintenance team look forward to working alongside the new owner to continue bringing renewable electricity to the people of Texas.”
Goldwind Americas chief financial officer Saad Qais said: “Goldwind Americas is excited to be working with Exus Management Partners on the long-term service and maintenance of the Rattlesnake wind project.
“This transaction represents the start of a strong relationship between the Goldwind Group of Companies and Exus as they build out an impressive pipeline of wind farms globally.”