EDF Banks Oklahoma Wind

Photo: Pixabay

Allianz and MUFG have together invested tax equity in EDF Renewable Energy’s 225MW Great Western wind farm in Oklahoma. The project is located in Ellis and Woodward Counties, about 200km northwest of Oklahoma City.

Allianz Capital Partners head of renewables David Jones said: “We are delighted to partner with MUFG and EDF RE on this project. “It is a valuable addition to our renewable energy portfolio, which now exceeds €3.5bn and offers a stable and uncorrelated return to Allianz.”

MUFG head of leasing and asset finance Lance Markowitz said: “The Great Western wind farm is a great example of three organizations coming together to help create an energy project that will provide clean, competitively priced and affordable power to Oklahoma residents for many years to come.”

Source: renews.biz