The construction on the wind power project started in early December 2011 and is expected to commence commercial operation in November 2012.
Under a 20-year power purchase agreement, Tennessee Valley Authority (TVA) will buy the renewable energy generated by the wind farm.
The project, which includes 72 units of Siemens 2.3MW turbine, is managed by a CPV affiliate, is being constructed by Wanzak Construction, a MasTec Company, and will be operated by North American Energy Services.
Coordinating Lead Arrangers Bank of Tokyo Mitsubishi UFJ and Union Bank of California were joined by Mandated Lead Arrangers Helaba, Siemens Financial Services and Lloyds in providing $262.8m of senior credit facilities.
