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Goldwind to acquire 20MW Montana project

Ros Davidson, Windpower Monthly, 19 January 2012, 4:38pm

UNITED STATES: Goldwind is to supply 20MW of turbines to a project in Montana.

Goldwind's 1.5MW direct drive turbine

Goldwind’s 1.5MW direct drive turbine

Goldwind is also buying the Musselshell project from Volkswind USA. The project, in Shawmut, is expected to begin construction soon with commercial operations as early as the third quarter of 2012.

“This project marks Goldwind’s third acquisition in the United States [and is] accompanied by our project in Pipestone, Minnesota and our 109.5MW Shady Oaks project in Lee County, Illinois,” noted Tim Rosenzweig, CEO of Goldwind USA.

“Through our affiliate, Goldwind Capital, we have worked to offer a variety of financing solutions to support our customers’ projects in the United States, including common equity, mezzanine financing and project finance,” he said.

Just last week, Goldwind announced smaller orders for turbines in the United States with Enel Green Power North America, Wind Energy Developers, and Debenham Energy.

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