Noutati | Eficienţa Energetică

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/first-wind-secures-98m-for-rollins-wind-project.html

The company closed an $81m non-recourse construction loan and a $17m credit facility for the project, jointly arranged by Bank National Association and Norddeutsche Landesbank Girozentrale.

JPM Capital, which has committed to a tax equity financing agreement with a First Wind subsidiary, is due to provide long-term capital for the construction of the project.
Since the end of September, First Wind has raised $357m in financing for a number of projects including the Rollins project and repaid $118m in short-term turbine supply loans.
In addition to the Rollins project, the company also secured $247m for the extension of its Milford project in Utah, together with $12m for its Steel Winds facility in New York.
Expected to become operational early next year, the Rollins project will create around 200 jobs and provide revenue to the surrounding communities.
Four local communities are estimated to receive tax payments of around $785,000 each year for the next 30 years, totaling over $24m.
The project secured a permit last year after gaining approval from the Maine Department of Environmental Protection in April 2009, and has also received approval from the Maine Public Utilities Commission for a 20-year long-term power supply contract.
‘First Wind has been researching the siting of this project for more than six years and spent more than $4m with Maine businesses to conduct studies looking at everything from economic benefits to environmental impacts,’ said First Wind CEO Paul Gaynor