Affiliates of General Electric Co. and are seekingFERC approval to become tax equity investors in a roughly 250-MW wind projectin Oklahoma.
Under the deal, JPM Capital Corp. and EFS Renewables Holdings LLC willacquire all passive stake in Rush Springs from NextEra Energy Resources LLC for an undisclosed sum,according to an Oct. 7 application.
FERC has been asked to approve the deal by Nov. 28.
The Stephens County-based project may start producing testenergy later in October. It will sell power into the market withseparate contracts-for-differences with Owens Corning andEquinix Inc.
NextEra Energy Resources is NextEra Energy Inc. subsidiary. (EC17-5)