CHICAGO, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Lincoln Clean Energy (LCE), a portfolio company of I Squared Capital and a leading developer of wind and solar projects across the U.S., announced today that it has reached commercial operation of its Willow Springs project, a 250 megawatt wind farm in Haskell County, Texas. The wind farm is expected to generate approximately 1,000,000 megawatt-hours of renewable energy per year.
Combined with the recently commissioned Amazon Wind Farm Texas, LCE has now brought 503 MW of wind energy online in 2017. These projects support hundreds of jobs and provide millions of dollars of investment in local communities in addition to generating enough clean energy to power approximately 180,000 homes annually.
“I am pleased to reach another important milestone with the safe, on time, and on budget delivery of the Willow Springs project,” commented Declan Flanagan, CEO of LCE. “Following the success of this latest project we are ahead of schedule in making $250 million in project equity investments, a target we announced last year on the closing of our partnership with I Squared Capital.”
About Lincoln Clean Energy
Lincoln Clean Energy (LCE) is a leading developer of U.S. wind and solar projects with offices in Chicago, IL and Austin, TX. Since 2011, LCE has developed over 1,500 megawatts of renewable power projects in California, New Jersey, and Texas. LCE is a portfolio company of I Squared Capital and expects to deploy up to $250 million in equity investments through 2018. For more information, visit: www.lincoln-clean-energy.com.
About I Squared Capital
I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, and transport in the Americas, Europe, and select high growth economies. The firm has offices in New York, Houston, London, New Delhi, Hong Kong, and Singapore.
Media Contact:
Wendy Prabhu
Mercom Communications for Lincoln Clean Energy
512-215-4452
lce@mercomcapital.com