Copenhagen Infrastructure Partners to invest US$80 million in Texan wind farm

Category: News
Published: 2019-03-14

TEXAS – Copenhagen Infrastructure Partners (CIP) has announced plans to make an equity investment of nearly US$80 million for the construction of the Bearkat II onshore windfarm in Texas.

This is the fifth project in its portfolio of US onshore wind assets, with a total capacity of 821 MW. The project is expected to produce electricity equivalent to the annual power requirement of over 56,000 average US households.

The windfarm qualifies for 100% of production tax credits (PTC) and will be equipped with 47 V126-3.45MW Vestas turbines and is expected to begin commercial operations in December 2019.

“We look forward to the project coming online later this year to create local jobs and help reduce carbon emissions by delivering clean, renewable wind energy”, said the company.

Source: Power-Technology