GE, JPMorgan Invest $225M In Texas Wind Farm
NextEra Energy Resources LLC's 662.5-megawatt Capricorn Ridge project in west Texas has been in operation since 2007. The long-term financing will replace NextEra's own capital investments in the project, a NextEra spokesman said.
“We typically build wind projects on balance sheet and finance after the fact,” said Steven Stengel, a NextEra spokesman.
The project, which also uses GE's...
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