Project Development, Wind Power

Airtricity Gains $85 M for 90 MW Windfarm Project

Dublin, Ireland and Chicago, Illinois [] Airtricity, Inc., has obtained an $85 million equity financing commitment for its Sand Bluff wind farm project located near Big Spring, Texas, from a group of investors led by JPMorgan Capital Corporation. Airtricity’s 90-megawatt (MW) Sand Bluff wind farm project is currently under construction and is expected to be in commercial operation during the second quarter of 2007.