[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

Fenton wind-power project gets financing  

A California energy company said Thursday it has closed on the financing needed to complete the $385 million Fenton Wind Energy Project.

The wind farm and power plant are currently under construction in Minnesota’s Murray and Nobles Counties.

North Palm Springs, Calif.-based enXco Inc. did not disclose how much it raised in the most recent financing round.

The wind farm will be Minnesota’s largest, the company said in a statement. Construction began in September, and is the plant is expected to up and running during the second half of the year.

The company will sell power generated by the Fenton project to Northern States Power, a subsidiary of Minneapolis-based Xcel Energy Inc. (NYSE: XEL).

The project’s largest investor, with a 50 percent stake, is GE Financial Services, a division of Fairfield, Conn.-based General Electric Co. (NYSE: GE).

Union Bank of California, a subsidiary of San Francisco-based UnionBanCal Corp. (NYSE: UB), is undewriting debt and equity financing.

by Katharine Grayson
Staff Writer
Minneapolis/St. Paul Business Journal


This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.