Renewable energy companies such as SouthCoast Wind, Energetic Capital, among others, announced their wind deals.
US Approves SouthCoast Wind Project
The Biden-Harris Administration has approved the SouthCoast Wind Project, the 11th offshore wind project in the U.S. The project will generate up to 2.4 GW of energy for Massachusetts and Rhode Island, enough to power over 840,000 homes.
Energetic Capital Secures Financing for Wind Farm in MISO Region
Energetic Capital has secured permanent financing for a wind farm in the MISO region, adding over 40MW of clean power to the grid. The deal, supported by a global finance bank, used Energetic Capital’s EneRate Credit Cover to mitigate offtaker credit risk, allowing for better terms. This project is part of Energetic Capital’s ongoing effort to support the clean energy transition.