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Swift Current Energy announces its wind project in Central Texas is now operational

Juan Pedro November 14, 2023

In Massachusetts, Swift Current Energy announced that its 197 MW Castle Gap Wind project located in Central Texas is now operational and providing power to Target Corporation.

Target is purchasing power from this project under a long-term virtual power purchase agreement. Goldman Sachs provided the tax equity for the project, which is currently producing enough pollution-free energy to power more than 50,000 homes annually. Swift Current previously announced that Mitsubishi UFJ Financial Group (MUFG) and CaixaBank provided project financing.

“Castle Gap Wind is a momentous project for Swift Current Energy as we grow our projects under asset management and operations,” said Eric Lammers, CEO and Co-Founder, Swift Current Energy. “Castle Gap Wind is one of the earliest projects supported by the Inflation Reduction Act.”

Swift Current is the long-term owner and operator of the project.

More on the story.

Categories: Energy

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