Penascal Wind Power
Iberdrola Renewables received a $114 million U.S. Treasury Section 1603 cash grant in lieu of the investment tax credit for the Penascal I Wind Power Project in Kenedy County, Texas.
$114M
Deal Value
201.6MW
Capacity
Wind
Technology
TX
Location
Deal Details
- Deal Type
- Section 1603 Treasury grant
- Seller / Sponsor
- U.S. Treasury
- Buyer / Financier
- Iberdrola Renewables
- Deal Value
- $114M
- Stage
- operating
- ISO/RTO
- ERCOT
- Source
- Power Technology
Related Deals
Penascal II Wind Project
U.S. Treasury → Iberdrola Renewables
$222.9M
Barton Windpower
Iberdrola Renewables → We Energies
158 MW
Rugby Wind Power Project
Iberdrola Renewables → Missouri River Energy Services
40 MW
Amazon Wind Farm Texas / Dermott Wind — 253 MW onshore wind, Scurry County, Texas (ERCOT). Original PPA signed Sept 2015 with Lincoln Clean Energy; LCE acquired by Ørsted Aug 2018. Project COD October 19, 2017.
Lincoln Clean Energy (acquired by Ørsted Aug 2018) → Amazon
Bethel Wind Energy Center — ~250 MW onshore wind, Castro County, Texas (ERCOT)
Southern Power / Invenergy → Google
Section 45X Advanced Manufacturing Production Tax Credits (AMPCs) from US-manufactured solar modules (Ohio + Alabama + Louisiana facilities)
First Solar → Fiserv, Inc.
Up to $700M (at $0.96/$1)
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.