GE Partners with Enel Green Power for 235 MW wind project in Oklahoma

Hunter, USA - GE unit GE Energy Financial Services has partnered with Enel Green Power North America, Inc. by committing common equity for a 51 percent ownership stake in one of Oklahoma

The Chisholm View wind project is now under construction near Hunter, 85 miles north of Oklahoma City in Grant and Garfield counties, and is expected to cost approximately $375 million. Enel Green Power North America owns the remaining 49 percent of the 235-megawatt wind farm and serves as project manager. Enel Green Power and GE Energy Financial Services will later raise tax equity for the wind farm. The project will be completed later this year prior to the Federal Production Tax Credit deadline. It will use 140 of GE

Source: IWR Online, 03 Apr 2012