SOURCE: Industrial Info Resources

Industrial Info Resources

April 15, 2013 06:15 ET

Wildcat Windfarm in Indiana Secures Financing, Moves Forward, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Apr 15, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The owners of the 200-megawatt (MW) Wildcat grassroot windfarm in Elwood, Indiana, recently obtained about $175 million in tax-equity financing for the project. Phase I began operating last December. E.ON Climate & Renewables North America LLC (EC&R) (Chicago, Illinois), a subsidiary of E.ON SE (Düsseldorf, Germany), sold its production tax credits (PTCs) in Wildcat Phase I to a group that included subsidiaries of J.P. Morgan Chase & Company (NYSE:JPM) (New York, New York) and Wells Fargo & Company (NYSE:WFC) (San Francisco, California).

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