Invenergy Wind has arranged debt and tax equity finance for the 120MW Gunsight wind energy center, which is under construction in Texas.
The New York Branch of the Cooperative Centrale Raiffeisen-Boerenleenbank was the sole lead arranger, administrative agent, and lender for the financing.
The center will consist of 67 GE 1.79MW turbines and is scheduled for commercial operations in June 2016.
It is creating more than 250 construction jobs and eight permanent jobs once the project begins operation.
Invenergy chief financial officer and operating business group president Jim Murphy said: “We’re pleased to reach financial close of the Gunsight project and add to our growing portfolio of wind facilities in Texas.”
Image: Invenergy’s Miami wind farm in Texas (Invenergy)
