Vestas has secured an agreement with Renewable Energy Trust Capital (RET Capital), which highlights Vestas’ increased flexibility and scope in service offerings. The agreement covering the 102-MW Coram Wind Project located in the Tehachapi region of California reflects Vestas’ service business flexibility. Vestas will serve as RET Capital’s onsite asset manager with responsibility for 24/7 surveillance,…
RET Capital closes financing on the 102-MW Coram Wind Project in California
Renewable Energy Trust Capital, Inc. (RET Capital) announced it has closed the financing to support its recently acquired 102-MW operating Coram Wind Project from BAIF U.S. Renewable Power Holdings. The project, located in Kern County, California, benefits from long-term contracted revenues through a power purchase agreement with Pacific Gas & Electric Company to provide clean, reliable and…