Finnish energy company Taaleri Energia has announced the opening of its Escalade wind farm in Truscott, Texas, in partnership with AIP Management and Akuo.

The 336MW wind farm features 45 Vestas V162 5.6MW turbines and 20 Vestas V150 4.2MW turbines.

It will generate nearly 1,270GWh of clean energy a year, which is enough to power around 115,000 households in the region.

The Escalade project is said to be the first in North America to feature Vestas’ V162 wind turbines.

AIP Partner Domenico Tripodi said: “It has been an incredible journey throughout construction into operations and we are happy to see Project Escalade being fully operational.

“The investment in Project Escalade underpins AIP’s investment strategy of generating long-term, stable returns for our investors while supporting the sustainable energy transition.

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“At the same time, it will continue to impact positively the local community and help facilitate the ongoing decarbonisation of the energy mix in the area.”

In a separate development, Taaleri Energia has completed €205m refinancing for its Čibuk onshore wind farm in Serbia.

Taaleri Energia refinanced the 158MW wind project together with UniCredit, Credit Suisse, Eurobank and OTP Bank.

Taaleri Energia managing director Kai Rintala said: “We are delighted with the outcome of this refinancing, which has significantly enhanced returns for our investors.”

Featuring 57 GE turbines, Čibuk is claimed to be the largest wind farm in Serbia and has the capacity to generate enough clean energy to power around 87,000 households.

It also has the capacity to displace around 380,000 tonnes of carbon emissions a year.

Čibuk is owned by the Taaleri SolarWind I Fund and its co-investors, which include Finnfund, Masdar and DEG.

Earlier this year, Taaleri Energia acquired the Zadar wind farm in Croatia in partnership with wind energy firm Encro.

The 111MW wind farm can power around 85,000 households and offset roughly 78,000t of carbon emissions a year.