Wind farm gets funding and EPC contractor

Shenyang Power Group Co. Ltd., a unit of A-Power Energy Generation Systems Ltd., signed a letter of intent with China Machinery Engineering Corp. (CMEC) involving the development of a proposed 615 MW wind energy project in Texas.

As part of the letter of intent, Shenyang must appoint CMEC as the engineering, procurement and construction contractor for the Texas Wind Farm. CMEC will help Shenyang obtain $260 million in debt financing from Chinese banks and other sources for Spinning Star Energy LLC, the project owner and developer. Spinning Star is a joint venture between United States Renewable Energy Group Wind Partners I LLC and Shenyang.

Read more wind energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...