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25 Jul 2021

Cubico Starts up First US Wind Farm

25 Jul 2021  by renews.biz   
Cubico Sustainable Investments’ first wind farm in the US has entered into operation.

The 46.5MW Wind Wall 1 asset, which is supported by a power purchase agreement with Amazon, is located in the Tehachapi region of California.

Eolus developed and constructed the wind farm
Cubico’s operational portfolio in the US, which is made up of mainly solar photovoltaic projects, stands at more than 600MW including Wind Wall 1.

An additional 374MW is in development.

Cubico Americas head Ricardo Diaz said: “We are very pleased to add another operational project to our US business which, in terms of installed capacity, is one of the biggest in Cubico’s global portfolio.

“This first wind project is especially significant as it moves us towards our goal of building a more diverse portfolio as we continue to look for new opportunities in the country.”

The acquisition of the Wind Wall 1 was financed by HSBC as sole tax equity provider.

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