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Browsing the "Siemens wind turbines" Tag

Alabama Power Deal to Bring in Low-Cost Wind Power from Oklahoma, Kansas

October 1st, 2012 | by Andrew

The 20-year deal to bring wind power to Alabama from two TradeWind Energy wind farms is enough to meet 3% of Alabama Power customers' consumption...and it's going to cost less than what it would have cost the utility to produce it. Sourcing clean, renewable wind power from the Chisholm View and Buffalo Dunes Wind Projects contributes to delivering substantial local green job and economic gains, carbon and GHG emissions reductions and other health and environmental benefits.

Blackstone Private Equity Firm Invests in German Offshore Wind…In a Big Way

August 6th, 2011 | by Andrew

Private equity firm Blackstone is investing in offshore wind in Germany in a big way. The company announced it had secured a total of 1.2 billion euros of financing for the 288MW Meerwind North Sea wind farm project, as well as obtaining a permit for Nordlicher Grund, a 64-turbine, 1.3 billion euro North Sea wind farm. A group of seven banks will provide 822 million euros in debt financing with Blackstone supplying Meerwind's equity. Supporting the financing is Germany's feed-in tariff, which locks in rates for Meerwind's electricity output

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