Goldwind Americas has received undisclosed tax equity financing from BHE Renewables and Citi for the 160MW Rattlesnake wind farm in Texas, which has also reached commercial operation.
The project, which is located in McCulloch County, features 64 Goldwind 2.5MW permanent magnet direct-drive 109-metre turbines.
Rattlesnake supported 250 jobs during peak construction and is Goldwind’s largest US wind project to date.
Goldwind Capital provided construction financing for the project that will sell power under a long-term fixed price energy hedge.
Goldwind Americas chief financial officer Saad Qais said: “The evolution of the Rattlesnake Wind Project from acquisition to commercial operations, and its financing – the first of its kind for a Chinese wind energy technology company – highlights not only the reliability and bankability of Goldwind’s technology, but it also underscores our long-term commitment to the US wind market.”
Goldwind Americas chief executive David Sale said: “At Goldwind, we are steadfast in our approach to US and broader North American wind markets. The successful tax equity financing for the Rattlesnake wind project by world-class institutions Berkshire Hathaway Energy and Citi, serves as a critical milestone in Goldwind’s commercial strategy in North America.”