The project
Anemoi was the initial acquisition of 5 wind investments located in Oklahoma and Idaho that commenced operations between 2010 and 2012 with in total 800MW operational capacity. All the wind turbines were supplied by five well-established international manufacturers. After successfully selling the stake in one of the projects in the initial portfolio, DIF IV is left with four projects in which it has equity stakes of 25% to 100%, with an installed capacity of 680MW. The portfolio is underpinned by long-term power purchase agreements (PPAs), with an average of 18 years remaining life at acquisition.
- Status
- Operational
- Investment date
- February 2016
- Country
- United States
- Fund
- DIF IV & V
- 5
- Wind projects
- 805MW
- Total generation capacity
- 306
- Turbines
- 100%
- Equity stake
After becoming the managing member of Anemoi Wind, we were able to make a range of positive changes to the operational and financing structure. In addition, for one of the projects we were able to further expand the ownership to 100% leveraging on our knowledge of the project.
The portfolio is now diversified geographically, by energy off-takers and turbine technologies, and provides a renewable source of energy to electricity grids that cover more than 15 American states and shows a strong operational and financial performance.
