J.P. Morgan invests $96M in E.ON's Panther Creek Wind Farm

wind farm 3 Dec 2013

JPM Capital Corporation (J.P. Morgan) has invested approximately $96.2 million, in exchange for partial interest, in E.ON Climate & Renewables North America's (EC&R) Panther Creek I&II Wind Farm.

Panther Creek provides enough energy to power approximately 77,000 homes through 172 GE 1.5 MW turbines.

The wind farm contributes to EC&R's plan to invest at least $1 billion dollars in Big Spring, Texas since 2006.

Panther Creek has generated more than $12 million in property taxes for Howard, Sterling and Glasscock counties over the last five years. 

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