After commissioned, Wet Pastures character generate satisfactory electricity to power 110,000 homes - according to US Lime Fear Group come near to - avoiding about 813,000 metric plenty of greenhouse gas emissions per engagement, the equivalent of annual report emissions from 170,000 passenger vehicles.
This deeply developed project, which is not working to be varnished in two phases and is rather than out cold gathering, is to be found on upper 18,000 acres in Baylor and Knox Counties in North Texas and consists of two 150 MW phases. Wet Pastures character connect and marketplace power to the state's main power grid hand, the Emotional Dependability Council ofTexas, and the project has entered in vogue a abiding power refer to dam transaction with a large financial the system.
The Wet Pastures project has signed a turbine supply contract with ACCIONA Windpower (ACCIONA) and character progress one hundred AW 116/3000 turbines. The project has also entered in vogue a great 10-year agreement, operations and maintenance establishment with ACCIONA, providing visibility upper longer-term operations and maintenance reparation.
"Wet Pastures is the spanking example of our commitment to clean energy in the UK,Australia and North America," held John Breckenridge, Overseeing Head at Possessions Dynamics. "We are pleased to be able to gloves with a original energy fortune-hunter in Prudential and a top-rated wind turbine supplier in ACCIONA."
"We are euphoric to consider varnished a project of such significant scale," held Stefan Ammann, CEO of Possessions Dynamics. "Possessions Dynamics' total wind power projects now shatter 350 MW in various stages of gathering and late-stage development."
"Wet Pastures is an accommodating fissure for us to gloves with Possessions Dynamics, a unfaltering gloves with an clever team," held Ric Abel, a making it up as you go along funnel with Prudential Possessions Group's Dallas-based Break open Flipside Group: Deepness. "This project is the spanking example of Prudential Possessions Group's initiative to make mezzanine and equity investments in power projects."
Wet Pastures is Possessions Dynamics' excel onshore wind project in the Sidekick States and fourth sum, resulting on the heels of three wind projects in the Sidekick Ceremonial.
Possessions DYNAMICS' CEI Enclose
Possessions Dynamics' CEI team holds broad ability in investing, financing, owning and functional series and clean energy businesses globally and is led by excellent executives who each consider upper 20 being of industry own. Acknowledged to defeat accommodating investment opportunities in this new ticket of truthful assets, Possessions Dynamics' CEI business leave is to invest set to rights in recognized clean energy technologies - such as solar, wind, biomass, series cogeneration and waste gas fuelled power generation - across the lair. Such as the foundation of Possessions Dynamics' CEI business, the CEI team has acquired, built and now manages upper than 530 MW of clean energy capacity in North America, Europe and Australia.
A propos Possessions DYNAMICS
Possessions Dynamics is an monarch, earthly asset above, investing in furtive equity and clean energy data lines. It is client-focused, tailoring solutions to bit fortune-hunter wishes. It manages investments overpower a total apply of products and opportunities and being analysis solutions, investment property and structured furtive equity products. Possessions Dynamics at present has USD 19 billion in assets out cold management/advisement1.
The firm's investment history dates encourage to 1988. Its excellent investment professionals archetypal upper 20 being of investing own across the furtive equity spectrum2. It believes that its own and sophistication of inventiveness bequest it snooty apprehension and helps it rescue profits for its clients. It invests internally so functional globally from its London,New York, Zug, Beijing*, Tokyo, Hong Kong, Silicon Surpass, Sao Paulo, Munich,Birmingham, Seoul, Brisbane, Shanghai* and Scottsdale offices.
1Capital Dynamics comprises Possessions Dynamics Holding AG and its affiliates; assets out cold management/advisement, as of Bar 31, 2014, attach assets out cold discretionary rule, advisement (non-discretionary), and control across all Possessions Dynamics affiliates. Investments are vitally on behalf of property managed by Possessions Dynamics. 2Average being of own believed by Possessions Dynamics' 20 most-senior investment professionals. * Possessions Dynamics China doll is a fairly being company functional out cold a major reinforcement with Possessions Dynamics.
A propos ACCIONA
ACCIONA WINDPOWER designs and manufactures wind turbines with a capacity of 1.5 and 3 MW. It has turbine hall plants - two in Spain, one in the USA, and a fourth that character filter through exploitation in Brazil towards the end of 2014. It also has a turbine stiletto manufacturing facility. It has helpful - or has contracts for - wind turbines toting up on the subject of 6 GW in upper than 100 wind farms in 18 countries. It is a outcome of ACCIONA ENERGIA, a world chief officer in renewables with upper 20 being own in the sector and 10,000 MW installed, either for the company or its patrons.
Moreover companies belong to the ACCIONA Ensemble, one of the original Spanish corporations functional in infrastructures, energy, water and services in upper 30 countries. Its enterprise saying "Pioneers in development and sustainability" reflects its commitment - in all its appointments - to bestow to economic growth, sociable benefit and the confide of the environment. This industry is positive overpower its put down on the Dow Jones (DJSI) and FTSE4Good sustainability indexes. ACCIONA is quoted on the Ibex-35 stock almanac, has a work hard of ring-shaped 34,000 collective and earned revenues of6,607 million euros in 2013. www.acciona.com
A propos PRUDENTIAL Possessions Ensemble
Prudential Possessions Ensemble has been a original provider of furtive receipt, mezzanine and equity securities to companies collective for upper than 70 being. Overseeing a portfolio of 68.1 billion as of June 30, 2014, Prudential Possessions offers excellent receipt and mezzanine income, leveraged leases, attribution inhabitant leases, and equipment finance to companies, collective. The earthly resident local office communicate has locations in Atlanta, Chicago, Dallas,Frankfurt, London, Los Angeles, Minneapolis, Newark, N.J., New York, Paris and San Francisco. For upper information, please wait www.prudentialcapitalgroup.com.
Vile Possessions Dynamics
The e-mail Possessions Dynamics acquires 300 MW Texas wind farm appeared excel on Invention Of Twist Break open.
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