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Article: Siemens Financial Services, Inc. Provides $178 Million Senior Secured Credit Facility to Windy Point Partners II, LLC.
- Article from:
- PR Newswire
- Article date:
- October 12, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Deal Supports Windy Flats Wind Farm Project Expansion
ISELIN, N.J., Oct. 12 /PRNewswire-FirstCall/ -- Siemens Financial Services, Inc. (SFS Inc.) announced today that it has provided a $178 million senior secured credit facility to Windy Point Partners II, LLC, an affiliate of Cannon Power Corporation, for its expansion of the Windy Flats wind project located in Klickitat County, Washington. The funds are being used to expand the project with additional Siemens wind turbines and to recapitalize a portion of an existing credit facility.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
"Providing the funding for this major wind ...