Rabobank to arrange Project Financing for Utah wind project
Greenbriar Capital Corp. has announced that Rabobank has been mandated to arrange project financing for the construction of the 80 MW Blue Mountain Wind Project located in Utah. Financial Close for this loan will be subject to the usual and customary due diligence for a wind project as well as lender approvals. $150 million in nonrecourse project debt and tax equity is sought.
Greenbriar Capital Corp. has also engaged Rabo Securities USA, Inc., a U.S. registered broker-dealer and affiliate of Rabobank, as its exclusive financial advisor in connection with the placement of limited partnership interests in the 80 MW Blue Mountain Utah wind project.
Recently, Greenbriar Capital Corp. completed the formal acquisition agreement for project. The agreement, signed with Champlin Windpower LLC, granted Greenbriar an immediate 50 % interest which can increase to full ownership interest after the completion of two milestone tasks.
Blue Mountain has a 20-year power purchase agreement with Pacificorp.
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August 30, 2013
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The objective of this training course is to provide a holistic understanding of the multidimensional aspects of current procurement patterns of infrastructure projects in the US. There are a multitude of players and opportunities in this market. This course will provide attendees a comprehensive understanding of the differing but complementary roles and opportunities in the market. This training program is targeted at beginner and intermediate level participants who have an interest in contributing to or enhancing their contributions in the infrastructure P3 market in the US. A complete understanding of strategic, financial and commercial aspects of these transactions is key to enhancing your contributions to this growing market. As the market evolves, government officials, consultants, engineers, designers, contractors, lenders and investors, and legal advisors are exploring new or improved and integrated business models for meaningful engagement with the market. This training will cover the life cycle of transactions through case studies of past and recent transactions in multiple sectors as well as the differing considerations of the public and private sectors. Finally the course will review contractual terms that are being used in transactions to optimize risks and rewards. Read more -
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Chicago halts Midway Airport P3 project
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