Oregon wind farm gets $1.3B loan guarantee from Energy Department

A $1.3 billion loan guarantee backing the development of an 845-megawatt wind-generation facility was approved by the Department of Energy. The Oregon facility is sponsored by by Caithness Energy and GE Energy Financial Services. The loan is being provided by a group comprising 26 institutional investors and commercial banks, including Citigroup, Bank of Tokyo-Mitsubishi UFJ and RBS Securities. Read more- Reuters.

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