|
|
 |
|
Viewing report
|
|
|
|
Brookfield acquires Majority Interest In Granite Reliable Wind Farm From Noble Environmental - A Step Towards Diversifying Its Renewable Portfolio
GlobalData, Feb 2011, Pages: 7
Brookfield acquires Majority Interest In Granite Reliable Wind Farm From Noble Environmental - A Step Towards Diversifying Its Renewable Portfolio - Deal Analysis From GlobalData
Summary
Brookfield Power Inc announced project financing for the acquisition of a majority interest in the 99 MW Granite Reliable Wind Farm from Noble Environmental in the Coos County in New Hampshire. The total project cost is estimated to be $275m, of which Brookfield announced financing of $185m. The financing is expected to comprise a $110m private placement, $15m in letters of credit and a $60m cash grant from the US Department of Treasury. The project is under construction and is expected to come online by the end of 2011. Central Vermont Public Service (CVPS) will buy 20% and Green Mountain Power (GMP) will buy 7% of the output from Granite reliable power plant. The power purchase agreement has been signed for tenure of 15 years.
The most important factor behind the acquisition of Granite Reliable Wind Farm is expected to be Brookfield’s focus on the diversification of its renewable portfolio. The most important factor behind the acquisition of Granite Reliable Wind Farm is expected to be Brookfield’s focus on the diversification of its renewable portfolio.
Scope
The scope of the report includes –
- The information and cost analysis of 99 MW Granite Reliable Wind Project
- Project Finance in the US Wind Energy Market
- Comparable investments to that of Brookfield Renewable Power's Investment in the Wind Energy market in the US in 2010
- Brookfield's strategy of expansion of its renewable energy portfolio by investment in one of the emerging markets in the US
- Portfolio of Brookfield Renewable Power in the US
Reasons to buy
The Deal Report attempts to focus on the reasons for capitalizing on the wind energy market by various utilities in the US. It will allow the reader to -
- Understand the Wind Energy Market in the US
- Understand the Interest rates prevailing in the Wind energy market for project finance in the US in 2010
- Develop an understanding about historical and forecasted wind eenrgy capacity installed in the US
- Understand the strategy adopted by Brookfield Renewable Power to diversify its renewable energy portfolio in North America
|
|
|
|
