FERC nod sought on tax equity deal for proposed N.Y. wind project

08/26/2013 | SNL Financial (free content)

Stony Creek Energy, a unit of Invenergy Wind, is requesting that the Federal Energy Regulatory Commission sign off on a deal in which Firstar Development will take an interest in the proposed Orangeville wind project in Wyoming County, N.Y. Under the proposed deal, Firstar will get all the passive Class A membership stakes in the 94.4-megawatt project, while a unit of Invenergy will retain the managing Class B stakes.

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