{"id":111067,"date":"2009-12-29T09:20:28","date_gmt":"2009-12-29T14:20:28","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=5246"},"modified":"2009-12-29T09:20:28","modified_gmt":"2009-12-29T14:20:28","slug":"horizon-wind-energy-secures-90m-financing-from-jpm-capital","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/111067","title":{"rendered":"Horizon Wind Energy Secures $90M Financing from JPM Capital"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/wind.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Wind\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/uploads\/2009\/09\/picture-2.png\" alt=\"\" width=\"174\" height=\"64\" \/>Horizon Wind Energy, the U.S. unit of Portuguese clean energy company EDP Renov\u00e1veis (EDPR),\u00a0<a href=\"http:\/\/feedproxy.google.com\/..\/wp-content\/uploads\/2009\/12\/EDP_Renovaveis_Partners_Again_with_JPM_Capital_Corporation122809.pdf\">has secured<\/a> a $90 million equity financing from Dallas-based JPM Capital for an undisclosed stake in Horizon&#8217;s 101 megawatts Lost Lakes Wind Farm, which went live this month in Dickinson County, Iowa.<span id=\"more-5246\"><\/span><\/p>\n<p>With this investment JPM Capital will access the stimulus-funded cash grants that the farm is expected to receive in lieu of tax credits, in effect\u00a0securing a lump of cash backed by the U.S. government.<\/p>\n<p><a href=\"http:\/\/greenenergyreporter.com\/2009\/09\/horizon-wind-energy-secures-100m-financing-backed-by-gov-cash-grants\/\" >This is the second<\/a> such deal between JPM Capital and Horizon. In September the Dallas investment fund paid Horizon a little more than a $100 million for a stake in the 100.5-megawatt Rail Splitter wind farm in central Illinois.<\/p>\n<p>In the U.S. Horizon oversees 3.4 gigawatts of wind development. In November, parent company Energias de Portugal (EDP) <a href=\"http:\/\/greenenergyreporter.com\/2009\/11\/wind-power-company-epd-renewables-to-invest-4b-in-the-u-s\/\" >pledged a $4bn investment <\/a>in new US wind projects over the next two years.<\/p>\n<p>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/kEtjaw4r1aI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Horizon Wind Energy, the U.S. unit of Portuguese clean energy company EDP Renov\u00e1veis (EDPR),\u00a0has secured a $90 million equity financing from Dallas-based JPM Capital for an undisclosed stake in Horizon&#8217;s 101 megawatts Lost Lakes Wind Farm, which went live this month in Dickinson County, Iowa. With this investment JPM Capital will access the stimulus-funded cash [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-111067","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/111067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=111067"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/111067\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=111067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=111067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=111067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}