Midway Wind
Sammons Renewable Energy closed construction debt (Siemens Financial Services and Citi), tax equity from a Citi subsidiary and BHE Renewables, and a long-dated power price hedge with a Citi affiliate for the 163 MW Midway Wind farm.
162.9MW
Capacity
Wind
Technology
TX
Location
Deal Details
- Deal Type
- Construction debt, tax equity and power hedge
- Seller / Sponsor
- Sammons Renewable Energy
- Buyer / Financier
- Citi
- Deal Value
- Undisclosed
- Stage
- operating
- ISO/RTO
- ERCOT
- Source
- GlobeNewswire
Related Deals
EDPR 399 MW US wind portfolio tax equity
EDP Renewables → Citigroup Global Markets (lead) + others
$400M tax equity
Spotsylvania Solar Energy Center — 620 MWdc / ~500 MWac construction debt
sPower (AES/AIMCo) → HSBC (lead), CaixaBank, CIBC, NB Canada, Citibank, SocGen, LBBW, Sabadell
$700M+ term loan
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)
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
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.