Money for Red Dirt

MUFG and Allianz Renewable Energy Partners of America LLC are committing around 340 million US dollars for 100% of the project’s “Class B” equity interests / Enel Group will retain 100% of Red Dirt’s “Class A” interests and control of the project / Overall investment in Red Dirt amounts to approx. 420 million U.S. dollars

Enel Green Power North America, Inc., the Enel Group’s US renewable energy company, acting through its subsidiary Red Dirt Wind Holdings, LLC, has signed a tax equity agreement worth approximately 340 million U.S. dollars with MUFG and Allianz Renewable Energy Partners of America LLC for the Red Dirt wind project located in Oklahoma, which has a total installed capacity of around 300 MW. Under the agreement, which is common for the development... ... More: Official Press Release Enel Group

Keywords:

Enel, MUFG, Red Dirt, Allianz, Red Dirt, USA