Capital Dynamics, a global private asset manager, GE Energy Financial Services and Morgan Stanley have announced they have completed financing for the 150MW Briscoe Wind Farm, LLC in Briscoe County, Texas, USA.
The resulting electricity is expected to be sold in the Electricity Reliability Council of Texas (ERCOT) electricity market. Briscoe Wind Farm will utilise 81 General Electric 1.85-87 wind turbines and the project has entered into a 10-year full service agreement with GE to oversee the operation and maintenance of the turbines. The project rights were acquired by Capital Dynamics from juwi Wind and EBW. juwi developed Briscoe Wind Farm and continues to support the project through a Development Services Agreement. Wanzek Construction will construct the facility with commercial operations expected to begin in the second half of 2015.