Invenergy Wind Secures Financing For 110 MW Wind Project

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Invenergy Wind LLC says it has arranged equity financing for its Gratiot County Wind Project from GE Energy Financial Services, which will invest an undisclosed amount in the 110.4 MW project under construction near Breckenridge, Mich.

Scheduled for completion in the first quarter of 2012, the wind project will sell all of its power and renewable energy attributes to DTE Energy under a long-term contract. Invenergy is constructing an additional 102.4 MW that will be transferred to DTE Energy upon completion. The combined projects will consist of 133 1.6 MW GE Energy wind turbines that feature 82.5-meter-diameter rotors with 100 meter towers.

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