Wind Capital Nets $376M In Financing For Kan. Project

Law360, New York (January 20, 2012, 6:40 PM EST) -- Alternative energy developer Wind Capital Group LLC has closed on $376 million in financing for a wind energy project in central Kansas, the company announced Thursday.

The financing is for the Post Rock Wind Energy Project, a 201-megawatt wind power facility that is expected to provide electricity for more than 70,000 homes in Kansas. It consists of a $293 million construction loan, $63 million in term loan financing and a $20 million letter of credit facility, Wind Capital said in a statement.

The Post Rock project...
To view the full article, register now.