Chicago-based Goldwind Americas, a wholly owned subsidiary of Xinjiang Goldwind Science & Technology Co. Ltd. (Goldwind), has received tax equity financing commitments from MidAmerican Wind Tax Equity Holdings and Citi for the 160 MW Rattlesnake Wind Project.
The wind farm will be located in McCulloch County, Texas. Once operational, the approximately $250 million project, comprising 64 Goldwind GW 109/2.5MW permanent-magnet direct-drive wind turbines, will be Goldwind’s largest U.S. wind farm to date.
Last year, Goldwind Americas signed an agreement with Renewable Energy Systems Americas Inc. to acquire the project.
“Citi is proud to support this innovative project, which is being developed by Goldwind, the largest Chinese wind turbine manufacturer,” says Marshal Salant, global head of alternative energy Finance at Citi. “The Rattlesnake Wind Project offers a great example of Citi’s commitment to supporting the global aspirations of its clients – enabling growth and economic progress through investment in sustainable energy solutions.”
