Media & Investor Relations

Amid high interest rates, several companies closed billions of dollars combined in the past few days to fund new clean energy projects and a construction warehouse facility. Leeward Renewable Energy (LRE) secured $1.25 billion in financing for its new construction warehouse facility; rPlus Energies secured over $1 billion for a solar + storage project; and Intersect Power closed two separate transactions totaling $837 million for three standalone battery storage projects.

CEO Jason Allen discussed what’s driving the Dallas-based company’s fast growth and how it’s standing out in the renewable space.

After a slowdown last year, U.S. wind installations are on the rise as confidence gradually returns to the sector. Onshore wind installations fell 27% in 2023 to 6.4 GW but Wood Mackenzie forecasts 7 GW this year and 11 GW in 2025. Average annual installs are forecast to hit 14 GW between 2025 and 2030, the research group said. Turbine orders surged 130% last year to around 17 GW and 80% of these orders are due in 2025 or later, Samantha Woodworth, senior researcher at Wood Mackenzie told Reuters Events.

Leeward Renewable Energy has successfully completed the construction of its two Aragonne projects, which included repowering its existing Aragonne Wind project and the construction of the new Aragonne Mesa Wind project.

Leeward Renewable Energy is liking the wind resource in northeastern Colorado - so much so that it recently completed the 171 MW Mountain Breeze Wind Farm, which complements its nearby Cedar Creek Wind project, both in the Rocky Mountain foothills of Colorado's wind-rich Weld County.

Telecom giant Verizon announced that it has entered a series of new Renewable Energy Purchase Agreements (REPAs), securing approximately 910 MW of energy from seven new solar and wind facilities currently under development.

Leeward Renewable Energy LLC has successfully completed the full-scale repower of its Crescent Ridge Wind Project, located in Tiskilwa, Ill.

Leeward Renewable Energy LLC has closed construction financing and secured tax equity commitments for its Panorama Wind Farm located in Weld County, Colo.

Construction has commenced on the Rabbitbrush Solar project located in Kern County, California. Leeward Renewable Energy is developing the project and signed two 15-year power purchase agreements with Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE).

US renewable energy developer Leeward Renewable Energy has entered into a long-term power purchase agreement (PPA) for a solar-plus-storage facility it is preparing to construct in Kern County, California.

A community choice aggregator will buy energy from the 102 MW solar facility and related 52 MW/208 MWh energy storage system.

Dallas-based Leeward Renewable Energy expects to complete its 145-megawatt Aragonne Mesa Wind project by December.

A unit of Leeward Renewable Energy LLC has raised USD 375 million (EUR 317m) in a green bond offering and, at the same time, closed a USD-100-million revolving credit line.

Wholesale power provider Guzman Energy and renewable energy company Leeward Renewable Energy announced the execution of a Power Purchase Agreement (“PPA”). Accordingly, this agreement stands for the 145 MW Panorama Wind Farm in Weld County, Colorado.

Two renewable energy projects in Indiana are trading hands between a pair of Dallas-based companies.

Leeward Renewable Energy, a portfolio company of OMERS Infrastructure, has concluded the acquisition of nearly 10GW utility-scale solar project platform from First Solar.

US developer Leeward Renewable Energy has completed the acquisition of a 10GW solar pipeline from First Solar after the deal was announced in January.

Leeward Renewable Energy LLC, a renewable energy company and portfolio company of OMERS Infrastructure, has closed the previously announced acquisition of a utility-scale solar project platform – of approximately 10 GW AC – from First Solar Inc.

With clean energy momentum growing and the support of a Canadian pension fund, Leeward plans to more than double generation capacity and add to local payroll.

Texas-based Leeward Renewable Energy will obtain about 10 gigawatts’ worth of solar projects from the sale.

Leeward is adding solar panels to its portfolio of 21 wind farms across nine states that generate about 2,000 megawatts of capacity.

Leeward Renewable Energy LLC has selected GE Renewable Energy as its wind turbine technology partner to repower its 90 MW Aragonne Wind Project in Guadalupe County, N.M. When combined with the new greenfield 145 MW Aragonne Mesa Wind project, the total wind farm output will increase to 235 MW.

Last Thursday, Leeward Renewable Energy announced that its 171-MW Mountain Breeze Wind Farm in Weld County, Colorado has reached commercial operation. The company also closed the funding under its tax equity financing for the project. Leeward procured the wind turbine equipment from GE Renewable Energy, and Citi provided tax equity financing of $162.9 million.

US independent power company Leeward Renewable Energy LLC has energized its 171-MW Mountain Breeze wind farm in Colorado and completed the project’s tax equity financing.

Leeward Renewable Energy serves families in Nolan County through the Sweetwater Goodfellows annual toy distribution.

Leeward Renewable Energy LLC has successfully completed the repowering and final financial close of its Sweetwater 3 Wind Farm in Nolan County, Texas.

Leeward Renewable Energy has announced that Jason Allen has been promoted to the position of CEO, effective November 1. Mr. Allen has been acting as interim CEO since February 2020.

Arizona Public Service Co. signed 20-year power purchase agreements to procure the output of two wind farms in New Mexico from Leeward Renewable Energy LLC.

Arizona Public Service Company (APS) said on Thursday it will be the off-taker of the output of 200 MW of wind capacity that Leeward Renewable Energy will switch on in New Mexico by end-2021.

Arizona Public Service Company (APS) has signed a power purchase agreement (PPA) with Leeward Renewable Energy for two wind farms in New Mexico, US.

A major service contract comprised of 564 WTGs has been signed between affiliates of Leeward Renewable Energy LLC and Deutsche Windtechnik Inc.

Leeward Renewable Energy closed on a $162.9 million construction financing and tax equity commitment for its 170-MW Mountain Breeze Wind Farm located in Weld County, Colorado.

Leeward Renewable Energy raises almost $163m for Mountain Breeze which will feature GE hardware

Leeward Renewable Energy is moving forward with construction on a wind farm in Colorado after securing debt and tax equity earlier this year.

Leeward Renewable Energy LLC, a U.S.-based independent power company, has closed on the $162.9 million construction financing and tax equity commitment for its Mountain Breeze Wind Farm located in Weld County, Colo.

Retail giant Target has signed power purchase agreements with ENGIE North America and Leeward Renewable Energy as it nears its goal of using renewable sources for its electricity needs by 2030.

Leeward Renewable Energy LLC has completed a full-scale repowering of its Mendota Hills Wind Farm, located in Lee County, Ill.

Americans are known for their big cars, big meals — and now their big wind farms.

Ontario Municipal Employees Retirement System, one of Canada’s largest pension funds, has reached a deal to acquire U.S. wind farm operator Leeward Renewable Energy LLC from private equity firm ArcLight Capital Partners.

The infrastructure management arm of the C$95 billion ($72.5 billion) Ontario Municipal Employees Retirement System (OMERS) has officially inked a deal to acquire Leeward Renewable Energy from affiliates of ArcLight Capital Partners.

Leeward Renewable Energy and GE have repowered Leeward’s combined capacity 136 MW Sweetwater 1 & 2 wind farms in Nolan County, Texas. GE Renewable Energy is the wind turbine provider for the project and GE Energy Financial Services provided tax equity financing.