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Investors close tax equity deal for 225-MW Okla. wind project

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Investors close tax equity deal for 225-MW Okla. wind project

A group of investors closed its purchase of all of the class A nonmanaging interests in the 225-MW Great Western wind project in Ellis and Woodward Counties, Okla.

Under the transaction, Allianz Renewable Energy Partners of America LLC, Bankers Commercial Corp. and an unnamed investor paid more than $10 million to acquire the stake. EDF Renewable Energy Inc. will continue to hold day-to-day control over the facility.

The parties closed the transaction Dec. 21, according to a FERC filing.

Allianz is a subsidiary of Allianz SE, while Bankers Commercial is owned by MUFG Americas Holdings Corp. (FERC docket EC17-34)