Invenergy seeks okay for outside investment in 120-MW wind project in Texas

July 1, 2016 Barry Cassell Generation

Invenergy Gunsight Mountain Holdings LLC, which controls a nearly-completed, 120-MW wind project, on July 1 asked the Public Utility Commission of Texas for approval to sell Class B interests in itself to HA INV Gunsight LLC.

Invenergy Gunsight Mountain Holdings, which is part of Invenergy LLC, controls Gunsight Mountain Wind Energy LLC, which is developing the 120-MW project in Howard County, Texas. This project is due for commercial operation in July 2016.

The application said the parties hope to close this equity investment deal by Oct. 31. Jeffrey Eckel out of Annapolis, Maryland, is shown as the president of HA INV Gunsight.

On June 13, the commission approved a related transaction where EFS Renewable Holdings LLC will buy 100% of the passive Class A interests of Invenergy Gunsight Mountain Holdings by July 30.

About Barry Cassell 20414 Articles

Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.