Capital Dynamics, GE Energy Financial Services and Morgan Stanley completed financing for the 150 MW Briscoe Wind Farm in Briscoe County, Texas.
According to the firms, Capital Dynamics’ Clean Energy and Infrastructure team completed tax equity agreements with GE Energy Financial Services and Morgan Stanley and finalized construction debt and letter of credit agreements with Morgan Stanley to construct the project.
The wind farm will be powered by 81 GE 1.85-87 wind turbines, and the project has entered into a 10-year full-service agreement with GE to oversee the operation and maintenance of the turbines, with the goal of providing continuity of operations and predictable maintenance costs. The output is expected to be sold into the Electric Reliability Council of Texas energy market. Read more about Briscoe Wind