PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Energy Financial Services Provides Structured Equity Commitment for Invenergy’s Prairie Breeze Wind Energy Center in Nebraska - Invenergy Wind, LLC (“Invenergy”) announced that it has arranged debt and tax equity financing for its 200.6 MW Prairie Breeze Wind Energy Center project (“Prairie Breeze”) [NYSE: GE] - Invenergyllc.com / GEEnergyFinancialServices.com
GE Energy Financial Services Provides Structured Equity Commitment for Invenergy’s Prairie Breeze Wind Energy Center in Nebraska

 

NewswireToday - /newswire/ - Chicago, IL, United States, 2013/10/02 - Invenergy Wind, LLC (“Invenergy”) announced that it has arranged debt and tax equity financing for its 200.6 MW Prairie Breeze Wind Energy Center project (“Prairie Breeze”) [NYSE: GE] - Invenergyllc.com / GEEnergyFinancialServices.com. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

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.), Prudential Capital Group, and Rabobank, acting together as Joint Lead Arrangers and Joint Bookrunners. Tax equity commitments were secured from affiliates of GE (NYSE: GE) unit GE Energy Financial Services, Bank of America Merrill Lynch, and JP Morgan.

Prairie Breeze will feature 118 GE 1.7 MW wind turbines and produce enough clean, renewable energy to power approximately 100,000 homes. Commercial operations are scheduled to begin later this year, with output to be purchased by the Omaha Public Power District (“OPPD”) under a long-term power purchase agreement.

“Invenergy is delighted to complete financing for our first wind energy generation project in Nebraska, and to work with the Omaha Public Power District in bringing clean energy to the state,” said Jim Murphy, Invenergy’s Chief Financial Officer. “We are pleased to have many of our key relationship lenders and tax equity providers committed to investing with us in this outstanding project.”

Prairie Breeze is located on approximately 25,000 acres of private land in Antelope, Boone, and Madison Counties. Blattner Energy is the project’s general contractor, and currently more than 230 skilled workers are constructing the facility.

The project will further benefit its host community economically through tax payments; salaries paid to local, full-time operations and maintenance staff members; and annual lease payments to landowners.

About Invenergy

Invenergy (invenergyllc.com) and its affiliated companies develop, own and operate large-scale renewable and other clean energy generation facilities in North America and Europe. Invenergy is committed to clean power alternatives and continued innovation in electricity generation. Invenergy's home office is located in Chicago and it has regional development offices throughout the United States and in Canada and Europe.

Invenergy and its affiliated companies have developed over 7,900 MW of clean energy projects that are in operation, in construction, or under contract, including 61 wind, solar, and natural gas power facilities.

About GE Energy Financial Services

GE Energy Financial Services GE’s energy (geenergyfinancialservices.com) investing business works as a builder, not just a banker, to help meet the world’s power and fuel needs. We offer more than money expertise for essential, long-lived and capital-intensive power, oil and gas infrastructure GE’s core business. Drawing on GE’s energy technical know-how, financial strength and risk management, we see value where others don’t and take on our customers’ toughest challenges with flexible equity and debt transaction structures. Based in Stamford, Connecticut, GE Energy Financial Services holds approximately $18 billion in assets.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GE Energy Financial Services Provides Structured Equity Commitment for Invenergy’s Prairie Breeze Wind Energy Center in Nebraska

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE News Center | Invenergy
Publisher Contact: Andy Katell - GE Energy Financial Services 
203-961-5773 andrew.katell[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Energy Most Recent Related Newswires:

Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA
GE’s Hornet Voltage Regulators Set to Swarm the Industrial Power Sector
Voith to Modernize Welsh Pumped Storage Plant Ffestiniog
GE Digital Production Manager MES Software Optimizes Paperless Manufacturing for Heavy Industrial Companies
Frost & Sullivan North America Summit to Provide Framework for Driving Oil & Gas into the Digital Age
aps Brings Battery Storage to Rural Arizona
High Growth Expected for Modular, Battery-based Energy Storage Systems as Utilities Target Energy Goals Finds Frost & Sullivan
Enel Group Completes Acquisition of Leading US-based Provider of Smart Energy Management Services EnerNOC
GE Signs 12-Year Agreement to Boost Help Reliability and Profitability at Daya Bay Nuclear Power Base in China
ABB Wins $30 Million Order to Strengthen Power Infrastructure in Iraq
New AREVA Signs A MOX Fuel Fabrication Contract with Japan
New AREVA’s EOS Dry Storage System Approved for Highest Heat-load Used Nuclear Fuel
ENGIE Leader of the 4th French Energy Regulatory Commission Solar Bidding with Nearly 100 MW Projects Awarded
Clarke Energy Chosen by APA to Supply GE’s Gas Engine Technology to Gruyere Gold Australian Mining Project
Invenergy and GE Renewable Energy Announce America’s Largest Wind Farm

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Intrinsic Executive Search Ltd

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)