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NaturEner closes construction loan and tax equity facility for Glacier 2 wind farm
(12/08/2009)

NaturEner USA, LLC has closed on a $117.5 million construction loan and a $120 million tax equity facility arranged by Morgan Stanley for NaturEner’s Glacier 2 wind farm outside Ethridge, Montana. The wind farm is expected to be placed in service in October of this year. Glacier 2 will supply 103.5 MW of wind energy at full production, employing a total of sixty-nine 1.5 MW wind turbines. Glacier 2 is adjacent to NaturEner’s existing Glacier 1 wind farm, and the combined capacity of the sist... [more]

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