Invenergy Wind LLC has arranged debt and tax equity financing for its 200.6 MW Prairie Breeze Wind Energy Center project, which is under construction approximately 100 miles northwest of Lincoln, Neb.
The financing included construction and term loans with Sovereign Bank N.A. (an affiliate of Banco Santander S.A.), Prudential Capital Group and Rabobank, acting together as joint lead arrangers and joint bookrunners. Tax equity commitments were secured from GE Energy Financial Services, Bank of America Merrill Lynch and JP Morgan.
Prairie Breeze will feature 118 GE 1.7 MW wind turbines and is located on approximately 25,000 acres of private land in Antelope, Boone and Madison counties. Blattner Energy is the project's general contractor, and Invenergy says commercial operations are scheduled to begin later this year. The Omaha Public Power District will buy the project's output under a long-term power purchase agreement.