![](https://www.power-technology.com/wp-content/uploads/sites/21/2017/09/main-1162.jpg)
![](https://www.power-technology.com/wp-content/uploads/image-digitalinsightresearch/Active/2017Q3/2.NRI/Power/News/Core News/Starwood.jpg)
US-based Starwood Energy Group Global has sold 49% of interest in its Horse Creek and Electra windfarms to Munich Re Group for an undisclosed sum.
The deal was advised by Starwood Energy’s internal asset manager Meag Munich Ergo Asset Management (MEAG).
Located in Haskell and Wilbarger Counties in Texas, each farm is capable of generating 230MW.
They were built by Starwood Energy and began operations last year.
MEAG managing director Holger Kerzel said: “The investment makes an attractive and sustainable contribution to the continued geographical diversification and expansion of our US infrastructure portfolio.
See Also:
“Around 200,000 US households are provided with renewable electricity from these windfarms.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
![](/wp-content/themes/goodlife-wp-B2B/assets/images/company-profile-unit.png)
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe two facilities consist of 100 GE 2.3-116 wind turbines each. They have a 13-year offtake agreement with Bank of America Merrill Lynch and a long-term, fixed-price service agreement with GE.
Image: Starwood’s Marie SEIF I Investment facility located in Ontario, Canada. Photo: courtesy of Starwood Energy Group.