First Wind Holdings of Boston, Massachusetts, has purchased provider of development capital Westerly Wind’s Route 66 Wind Power – a late stage wind farm development project in Texas.
Route 66 Wind Power has a potential capacity of up to 200MW and will deliver power to the ERCOT power markets via the CREZ transmission system.
‘The Route 66 Wind Power project is well positioned to capture the excellent wind resource in the Texas Panhandle and we are pleased to have sold this project to an experienced wind farm owner-operator such as First Wind,’ said Westerly CEO, Steve Schauer.
‘Westerly Wind remains focused on continuing to build value in our future and existing development projects.’
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