Coles Wind — 300 MW wind farm, Coles County, Illinois (PJM/MISO)
Construction + term loan underwritten by Santander; J.P. Morgan as sole tax equity partner. Part of Apex's $2.79B in 2025 financial commitments across 670 MW of projects (Coles Wind, Emerson Creek Wind, Raven Storage). Apex's 7th wind project to reach financial close.
$680M
Deal Value
300MW
Capacity
Wind
Technology
IL
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Apex Clean Energy
- Buyer / Financier
- Santander, J.P. Morgan
- Deal Value
- ~$680M
- Stage
- Construction
- ISO/RTO
- PJM
- Source
- POWER Magazine
Finance Counterparties
Lenders & Capital Providers
- constructionDebtArrangers
- Santander
- termDebtArrangers
- Santander
- taxEquityProviders
- J.P. Morgan
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