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Written by / Agency / Source: Invenergy, LLC / Invenergy Services

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Invenergy Completes Refinancing for Beech Ridge Energy Wind Project in West Virginia - Invenergy Wind, LLC (“Invenergy”) announced the successful refinancing of its 100.5 MW Beech Ridge Energy wind project (“Beech Ridge”) in Greenbrier County, West Virginia - InvenergyLLC.com
Invenergy Completes Refinancing for Beech Ridge Energy Wind Project in West Virginia

 

NewswireToday - /newswire/ - Chicago, IL, United States, 2013/12/20 - Invenergy Wind, LLC (“Invenergy”) announced the successful refinancing of its 100.5 MW Beech Ridge Energy wind project (“Beech Ridge”) in Greenbrier County, West Virginia - InvenergyLLC.com.

   
 
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CoBank, ACB acted as the Mandated Lead Arranger and Administrative Agent for the transaction.

Beech Ridge, which began commercial operations in 2010, is located approximately sixty miles southeast of the City of Charleston. The facility features 67 GE 1.5 MW SLE wind turbines, and is operated and maintained by Invenergy Services LLC, an affiliate of Invenergy. The project’s output is sold to Appalachian Power Co., a subsidiary of American Electric Power, under a long-term power purchase agreement.

“Beech Ridge represents the latest financing in a ten-year banking relationship between CoBank and Invenergy. We appreciate CoBank’s long-term support of our business,” said Jim Murphy, Chief Financial Officer and Chief Operating Officer of Invenergy. “This transaction is a vote of confidence in our asset management capabilities, with Invenergy’s operating wind power generation portfolio now totaling approximately 3,000 MW.”

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 approximately 8,000 MW of clean energy projects that are in operation, in construction, or under contract, including 63 wind, solar, and natural gas power facilities.

 
 
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Written by / Agency / Source: Invenergy, LLC / Invenergy Services

 
 

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Invenergy Completes Refinancing for Beech Ridge Energy Wind Project in West Virginia

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Publisher Contact: Alissa Krinsky - InvenergyLLC.com 
312-582-1554 akrinsky[.]invenergyllc.com
 
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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 Invenergy, LLC / Invenergy Services securities in any jurisdiction including any other companies listed or named in this release.

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