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United Wind, a provider of distributed-scale wind energy through its WindLease platform, has announced that it has secured a tax equity commitment from GSG Energy Finance, an energy equipment leasing company, enabling the company to deploy up to US$ 25 million towards wind energy projects in the USA.
With this commitment, United Wind can now effectively monetize the tax incentives created by these projects, in order to realize significant savings for its customers. United Wind plans to install turbines primarily in the rural areas of New York, Oregon, Massachusetts and Maryland, where distributed-scale wind is most cost effective due to strong wind resources and above average energy prices.
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