Engie North America has announced it has successfully completed Tax-Equity financing for its Iron Star and Priddy wind projects and Equity financing for the portfolio of these assets plus the Hawtree solar project which recently declared commercial operations.
Together they total approximately 665 MW. The two wind projects located in Ford County, Kansas and Mills County, Texas, respectively, are owned by affiliates of ENGIE. The Hawtree project is in Warren County, North Carolina. Financial institutions participating in the financing are the Bank of America and Wells Fargo among others and a new relationship with InfraRed Capital Partners (US) (InfraRed) who provided equity investments for the projects. A wholly owned Engie affiliate is operating the Iron Star, Priddy and Hawtree projects pursuant to long term balance of plant operation and maintenance agreements with the project companies.