Enel signs tax equity deal with GE and Goldman Sachs for Oklahoma’s Thunder Ranch wind project

By Michelle Froese The 298-MW Thunder Ranch Wind Project encompasses approximately 60,000 acres near Billings, Oklahoma.
Enel Green Power North America, Inc. (EGPNA), the U.S. renewable energy company of the Enel Group (acting through its subsidiary Thunder Ranch Wind Holdings), has signed a tax equity agreement worth approximately $330 million.
The agreement is with the Alternative Energy Investing Group of Goldman Sachs and GE Energy Financial Services for the 298-MW Thunder Ranch wind project located in Oklahoma.
Under the agreement, which is a common transaction structure for the development of renewable energy projects in the U.S., the two passive investors will purchase 100% of “Class B”

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