Project Development, Wind Power

Terra-Gen Acquires 2500-MW of Wind Projects from Airstream

Terra-Gen Power LLC, a wholly-owned affiliate of ArcLight Capital Partners, announced that it has acquired a portfolio of six wind projects from Airstream Energy LLC through an affiliated project company. The projects, which are located in Wyoming, Nebraska, Colorado, Kansas and New Mexico are in various stages of development and, when fully constructed, are expected to have a total capacity of approximately 2500 megawatts (MW).

In addition, Terra-Gen and Airstream have executed a Development Services Agreement, which will retain the continuing services of Airstream for the development of the projects and ensure a seamless transition.

“Airstream has established a very strong presence in key geographies with exceptional wind resources,” said Jim Pagano, CEO of Terra-Gen. “They have done a commendable job in creating value by securing high-quality project sites and we look forward to working with Airstream to bring these projects to completion.”