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ENGIE North America, a U.S.-based electric utility, completed tax-equity financing for its Iron Star and Priddy wind projects and equity financing for the portfolio of these assets plus the Hawtree solar project, with a total installed capacity of 655 MW. The two wind projects located in Ford County, Kansas, and Mills County, Texas, are owned by affiliates of ENGIE. The Hawtree solar project is in Warren County, North Carolina. Investors in the financing include Bank of America and Wells Fargo and a new relationship with InfraRed Capital Partners (U.S.), who provided equity investments for the projects. The projects are part of the more than 4 GW portfolio of renewable energy assets currently managed by the company across North America. There are 62 wind turbines capable of producing 4.8 MW each in commercial operation at the Iron Star project and 63 turbines of the same size operating at the Priddy project. The Hawtree project’s installed capacity is equal to 65 MW.
