Windy Point Partners II LLC is a getting a financial boost for its project in Klickitat County, Wash. An affiliate of Cannon Power Corp., Wind Point Partners has received a $178 million senior secured credit facility from Siemens Financial Services Inc. (SFS).
The Windy Flats wind project will use the funds for additional Siemens wind turbines and to recapitalize a portion of an existing credit facility.
‘Providing the funding for this major wind project's expansion was particularly gratifying in that it allowed SFS to value-add Siemens technology to its financing solution and further underscores our overall commitment to support renewable energy,’ says Roland Chalons-Browne, president and CEO of SFS.
SOURCE: Siemens Financial Services
