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Bankers Commercial completes tax equity deal for Minn. wind project

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Bankers Commercial completes tax equity deal for Minn. wind project

Bankers Commercial Corp. on Dec. 29 completed its tax equity investment and purchased non-managing class A membership interests in the planned 78-MW Black Oak Getty wind project in Stearns County, Minn. Upon completion, the facility will sell its output to the Minnesota Municipal Power Agency under a 20-year contract.

Bankers transferred 36.75% of the acquired interests to Citizens Asset Finance Inc. FERC authorized the deal Sept. 29. (FERC docket EC16-170)