Starwood Energy Group Global has finalised agreements to finance and construct the 100MW Northwest Ohio Wind Project located in Paulding County, OH, USA.
The project, which will utilise GE 2.5-116 wind turbines, is contracted to sell 100% of its output to General Motors pursuant to a long-term power purchase agreement. Construction will be performed by White Construction, Inc. and is expected to be completed in fall 2018. An affiliate of Citi has committed to provide tax equity for the project and Rabobank will provide the construction and term debt. Additional financial details were not disclosed.
