Invenergy Wind has announced that it has arranged debt and tax equity financing for its 200.6MW Prairie Breeze Wind Energy Center project which is under construction approximately 100 miles northwest of Lincoln, Nebraska, USA.
The financing included construction and term loans with Sovereign Bank, N.A. (an affiliate of Banco Santander S.A.), Prudential Capital Group, and Rabobank, acting together as Joint Lead Arrangers and Joint Bookrunners. Tax equity commitments were secured from affiliates of GE unit GE Energy Financial Services, Bank of America Merrill Lynch, and JP Morgan. Prairie Breeze will feature 118 GE 1.7MW wind turbines and commercial operations are scheduled to begin later this year, with output to be purchased by the Omaha Public Power District (OPPD) under a long-term power purchase agreement.
