Cookie Consent by Free Privacy Policy website ACCIONA Energy and Bank of America Merrill Lynch complete financing for San Roman wind farm in Texas
febbraio 29, 2016 - Acciona

ACCIONA Energy and Bank of America Merrill Lynch complete financing for San Roman wind farm in Texas

Comunicato Stampa disponibile solo in lingua originale. 

Press release available only in original language. 

The 93-MW project is currently under construction and will enter service by the end of 2016.


ACCIONA #energy has closed tax equity financing with #bankofamerica #merrilllynch for the San Roman Wind Farm which is currently being installed in #texas (US), as part of the company’s renewed focus on building renewable #energy projects in the country.

San Roman is a 93 megawatt (MW) wind power project located in Cameron County, near the southeast coast of #texas. #acciona will own and operate the San Roman project when it enters service, which is expected to happen by the end of 2016.

The power generated by the project will create a more reliable supply of electricity for Texas’ Rio Grande Valley, an area that has suffered rolling blackouts in recent years due to a lack of local electric resources. The San Roman Wind Farm will produce enough #energy to power more than 30,000 U.S. homes.

“As #acciona works to build new clean #energy projects in the highly competitive U.S. market, we need partners like #bankofamerica #merrilllynch who understand renewable #energy and the innovative financial solutions that can move our industry forward,” said Ilya Hartmann, CEO of #acciona #energy North America.

“This deal was a team effort made possible by the collaboration, expertise, and dedication of both parties.”

“Bank of America #merrilllynch is pleased to work with #acciona #energy on this significant wind power project in southeastern #texas,” said Todd Karas, head of Renewable #energy Finance at BofA Merrill. “We believe the financial services sector is in a unique position to help and provide the much needed capital and financing to accelerate a low carbon economy. Our $125 billion environmental business initiative demonstrates that commitment through lending, investing, capital raising, advisory services and developing financing solutions.”


Credit Photos: Acciona