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Clearway Energy Group closed on $174 million in construction financing and has begun construction on Dan’s Mountain, a 55 MW wind farm in Allegany County, Md.
Part of the project will be constructed on former coal strip mining land.
“The Dan’s Mountain wind project represents an exciting opportunity to bring the economic, workforce and low-cost energy opportunities of wind power to Western Maryland,” says Clearway’s Brooks Friedeman.
“We’re thrilled to begin construction on a 21st century infrastructure project that will support over 100 local union jobs and become one of the largest taxpayers in Allegany County. We thank our financing partners and the many other project participants who made this project possible.”
The Dan’s Mountain project is fully contracted under a long-term PPA with Maryland-based Constellation.
To finance project construction, Clearway assembled a bank consortium consisting of Societe Generale, Natixis and Australia and New Zealand Banking Group.
Construction is being led by White Construction, with wind turbines supplied by GE Vernova. |
