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.