Project 72 Siemens 2.3 megawatt turbines will supply the Tennessee Valley Authority (TVA) customers with renewable energy under the 20-year power purchase agreement. TARGETED CPV energy was awarded the power purchase agreement as part of the TVA’s 2009 asking for proposals for renewable generation. The project is managed by an affiliate TARGETED CPV, was built by Wanzak construction company, and will be managed MasTec by North American energy services.
Coordinating Lead Arrangers of the Bank of Tokyo Mitsubishi UFJ and the Union Bank of California mandated Lead Arrangers are joined with Helaba, Siemens financial services and Lloyds in providing $ 262.8 million of senior credit facility.
“TARGETED CPV pleased once again bring clean, renewable wind powered generation to Southwest Kansas,” said Sean Finnerty’s TARGETED CPV REC, SR. Vice President. “Cimarron add TARGETED CPV Project’s asset base and growth will provide low-cost, reliable wind generation in the Tennessee Valley Authority for years to come.”
This milestone Hat a year for TARGETED CPV’s 800 MW gas-fired Energy Center, the Sentinel supports the expansion of wind energy and its reliability in Southern California, promoted by international financial project as a “Power Deal of the Year” for America. In December 2010, TARGETED CPV assigned Kennan II wind farm in Oklahoma.