CHICAGO, IL – (December 20, 2013) – Invenergy Wind LLC (“Invenergy”) announcedtoday the successful refinancing of its 100.5 MW Beech Ridge Energy wind project(“Beech Ridge”) in Greenbrier County, West Virginia. CoBank, ACB acted as theMandated Lead Arranger and Administrative Agent for the transaction.
Beech Ridge, which began commercial operations in 2010, is located approximately sixtymiles southeast of the City of Charleston. The facility features 67 GE 1.5 MW SLE windturbines, and is operated and maintained by Invenergy Services LLC, an affiliate ofInvenergy. The project’s output is sold to Appalachian Power Co., a subsidiary of AmericanElectric Power, under a long-term power purchase agreement.
“Beech Ridge represents the latest financing in a ten-year banking relationship betweenCoBank and Invenergy. We appreciate CoBank’s long-term support of our business,” saidJim Murphy, Chief Financial Officer and Chief Operating Officer of Invenergy. “Thistransaction is a vote of confidence in our asset management capabilities, with Invenergy’soperating wind power generation portfolio now totaling approximately 3,000 MW.”
About Invenergy
Invenergy and its affiliated companies develop, own and operate large-scale renewableand other clean energy generation facilities in North America and Europe. Invenergy iscommitted to clean power alternatives and continued innovation in electricity generation.Invenergy's home office is located in Chicago and it has regional development officesthroughout the United States and in Canada and Europe.
Invenergy and its affiliated companies have developed approximately 8,000 MW of cleanenergy projects that are in operation, in construction, or under contract, including 63 wind,solar, and natural gas power facilities. For more information, please visitwww.invenergyllc.com.
Contact: Alissa KrinskyDirector of Communications312-582-1554akrinsky@invenergyllc.com