Tag Archives: GE Energy Financial Services

GE and LongWing Unlock Financing and Technology for First Phase of Zaporizhia Onshore Wind Farm in Ukraine

GE and LongWing Energy S.C.A. (“LongWing”) reached financial close on a $150MM debt financing package for the first phase of the Zaporizhia Wind Farm, in the Zaporizhia region in southeast Ukraine. The phase one 98-megawatt (“MW”) project is expected to produce over 330,000 MW hours of clean energy per year and power approximately 170,000 households. … Continue reading GE and LongWing Unlock Financing and Technology for First Phase of Zaporizhia Onshore Wind Farm in Ukraine

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GE Connects Financing and Turbine Technology to its Flagship Onshore Wind Energy Project in Sub-Sahara Africa

GE’s flagship onshore wind project in Sub-Sahara Africa— 60 1.7-103 units; GE EFS (www.GEEnergyFinancialServices.com) and Renewable Energy partner to deliver 100MW wind power project in Kenya; Kipeto will produce enough electricity to power the equivalent of 40,000 homes GE Renewable Energy (www.GE.com/RenewableEnergy) and GE Energy Financial Services (“GE EFS”) have partnered to provide technology and advisory … Continue reading GE Connects Financing and Turbine Technology to its Flagship Onshore Wind Energy Project in Sub-Sahara Africa

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Capital Dynamics Acquires 50 Percent Equity Stake in Whiteside Hill Wind Farm

Whiteside Hill, located in Dumfries and Galloway, Scotland, consists of ten GE 2.85 wind turbines with a total installed wind power capacity of 28.5 Megawatts (MW). Whiteside Hill has been operational since March 2018 and is expected to be accredited under the UK Renewables Obligation (“RO”) scheme, entitling it to receive 0.9 Renewables Obligation Certificates … Continue reading Capital Dynamics Acquires 50 Percent Equity Stake in Whiteside Hill Wind Farm

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GE to provide wind turbines and financing for 100 MW Ukrainian wind farm

GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it facilitated the raising of €90MM in project financing for stage I (100-megawatt) of DTEK Renewables B.V. Primorskaya wind electricity plant (Primorskaya WEP), located on the Sea of Azov shore in Zaporizhia region, South Ukraine.     Bayerische Landesbank, a leading German bank … Continue reading GE to provide wind turbines and financing for 100 MW Ukrainian wind farm

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Wood awarded construction management contract for Europe’s largest single-site onshore wind farm in Sweden

Wood has been appointed by GE Energy Financial Services and Green Investment Group Limited as the owner’s engineer on the 650MW Markbygden ETT Onshore Wind Farm located in Swedish Lapland near the town of Piteå. The project, which comprises 179 3.63MW GE wind turbine generators, is set to become Europe’s largest single-site onshore wind farm … Continue reading Wood awarded construction management contract for Europe’s largest single-site onshore wind farm in Sweden

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GE and Green Investment Group to Deliver 650 MW of Onshore Wind Energy to Sweden

GE Renewable Energy to provide 179 of its 3.6-137 wind turbines to Markbygden ETT wind farm, currently the largest single site onshore wind installation to be delivered in Europe. Green Investment Group and GE Energy Financial Services partner as 50/50 equity investors to acquire the project from Svevind and raise remaining capital from debt markets.Landmark … Continue reading GE and Green Investment Group to Deliver 650 MW of Onshore Wind Energy to Sweden

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Mainstream signs agreements for three wind farms in Vietnam

Mainstream Renewable Power will develop, build and operate, together with local and international developers, three wind projects with a combined capacity of approximately 940MW. The exchange of a wind energy cooperation agreement was witnessed today by Irish President Michael D. Higgins and Vietnamese President Tr?n ??i Quang at the Presidential Palace in Hanoi, Vietnam during … Continue reading Mainstream signs agreements for three wind farms in Vietnam

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Wind power in Texas: E.ON Christen wind farm with GE wind turbines

E.ON and GE Energy Financial Services today celebrated the opening of the Grandview Wind Farm (Grandview) in the Texas Panhandle, 30 miles east of Amarillo. E.ON and GE Energy Financial Services (GE) jointly own Grandview through a 50/50 investment partnership.   “The community has been wonderful and more than patient in developing this project.  Grandview … Continue reading Wind power in Texas: E.ON Christen wind farm with GE wind turbines

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GE Energy Financial Services Acquires Langhope Rig Wind Farm in Scotland from SSE

GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it has signed an agreement with SSE plc, one of the largest generators and suppliers of energy in the UK, to acquire the 16-megawatt Langhope Rig wind farm, which is nearing construction completion near Hawick, in the Scottish Borders. Situated approximately 55 … Continue reading GE Energy Financial Services Acquires Langhope Rig Wind Farm in Scotland from SSE

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California opens large photovoltaic solar energy plant

The dedication of the Desert Sunlight Solar Farm comes about a month after Gov. Jerry Brown called on the state to increase renewable electricity use to 50 percent by 2030, up from the current goal of 33 percent by 2020.   “Solar power projects like Desert Sunlight are helping create American jobs, develop domestic renewable … Continue reading California opens large photovoltaic solar energy plant

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Starwood Energy Group’s Stephens Ranch Wind Power Project (Phase I) in Texas Becomes Operational with GE Wind Turbines

Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, announced today that the 211-megawatt (MW) Stephens Ranch Wind Project in Texas reached commercial operation (COD) in November 2014. In addition, tax equity funding closed with affiliates of GE Energy Financial Services and Santander Bank, N.A.  Financial details were not disclosed. … Continue reading Starwood Energy Group’s Stephens Ranch Wind Power Project (Phase I) in Texas Becomes Operational with GE Wind Turbines

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E.ON Climate & Renewables and GE Energy Financial Services close tax equity financing for Grandview Wind Farm

Located in Carson County, 26 miles east of Amarillo, Texas, Grandview was formed as a joint venture between EC&RNA and GE Energy Financial Services. A 211-megawatt wind farm, Grandview has 118 GE 1.7-100 wind turbines that can create enough electricity to power approximately 64,000 homes. EC&RNA has developed 2.7GW of wind projects in the United … Continue reading E.ON Climate & Renewables and GE Energy Financial Services close tax equity financing for Grandview Wind Farm

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Briscoe Wind Farm is a large-scale asset in the Texas wind energy market

Capital Dynamics, a global private asset manager, GE Energy Financial Services and Morgan Stanley are pleased to announce they have completed financing for the 150-megawatt (MW) Briscoe Wind Farm, LLC (“Briscoe Wind Farm”) spanning 20,000 acres in Briscoe County, Texas, USA.   Once operational, Briscoe Wind Farm targets providing clean and renewable power generation that … Continue reading Briscoe Wind Farm is a large-scale asset in the Texas wind energy market

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GE Energy Financial Services, Pacifico Energy to build second solar photovoltaic PV project in Japan

GE unit GE Energy Financial Services is continuing its expansion into the Japanese solar photovoltaic (PV) market. GE Energy Financial Services is continuing its expansion into the Japanese renewable energy power market, completing its second solar project financing transaction with Pacifico Energy, a Tokyo-based utility-scale solar project developer and subsidiary of Virginia Solar Group. GE … Continue reading GE Energy Financial Services, Pacifico Energy to build second solar photovoltaic PV project in Japan

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E.ON And GE Energy Financial Services Partner To Complete GE-Powered Wind Farm, In Texas Panhandle

Subsidiaries of E.ON SE (E.ON) and GE (NYSE: GE) are forming an investment partnership to own and operate Grandview Phase I, a 211-megawattt GE-powered wind farm under construction in the Texas Panhandle. GE Energy Financial Services provided 50 percent of the partnership equity in the project, with the balance provided by E.ON’s subsidiary E.ON Climate … Continue reading E.ON And GE Energy Financial Services Partner To Complete GE-Powered Wind Farm, In Texas Panhandle

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GE Energy Financial Services Provides Structured Equity Commitment for Invenergy

Invenergy Wind LLC (“Invenergy”) announced today that it has arranged debt and tax equity financing for its 200.6 MW Prairie Breeze Wind Energy Center project (“Prairie Breeze”), which is under construction approximately 100 miles northwest of Lincoln, Nebraska. The financing included construction and term loans with Sovereign Bank, N.A. (an affiliate of Banco Santander S.A.), … Continue reading GE Energy Financial Services Provides Structured Equity Commitment for Invenergy

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US’s biggest ever wind farm comes online

US-based Caithness Energy has opened its 845MW Shepherds Flat Wind Farm in Oregon. Derrel Grant, vice president of development at Caithness Energy, said, ‘Caithness Shepherds Flat is a prime example of smart energy – energy that simultaneously bolsters the economy, creates American jobs, and enhances our environment for future generations. ‘By utilising domestic renewable energy, … Continue reading US’s biggest ever wind farm comes online

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Caithness Shepherds Flat Wind Farm Commences Official Operations

Caithness Energy announced that its Shepherds Flat Wind Farm is operational and generating up to 845 Megawatts of clean wind energy. The company’s leaders, its project partners and government representatives gathered at the site today to mark the kick-off of operations. “This is a great day for Gilliam and Morrow counties, for Oregon, and for … Continue reading Caithness Shepherds Flat Wind Farm Commences Official Operations

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