Northern Power Systems Inc. has secured U.S. Export-Import Bank (Ex-Im Bank) financing for the export of permanent magnet direct-drive Northern Power 100 wind turbines to Italy.
These community wind projects will be developed in partnership with PurEnergy, a wind developer based in Bisaccia, Italy, and will be financed by the Ex-Im Bank in cooperation with RB International Finance.
‘The initial project in Italy is expected to be the first of many to follow in Europe,’ says Parthiv Amin, president of community wind at Northern Power Systems. ‘We are excited to be partnering with Ex-Im Bank to grow our business and create additional green jobs throughout our U.S. supply chain and at our engineering, design and manufacturing center in Vermont.’
SOURCE: Northern Power Systems Inc.