Tag: elawan energy

Elawan Energy secures financing for 23 small hydropower plants in Spain

Elawan Energy has closed €76 million financing for 23 small hydropower plants in Spain with a combined installed capacity of 175 MW. The €76 million transaction has been structured as a non-recourse project finance deal. Natixis provided the financing and acted as the lead arranger and structuring agent. Furthermore, out of the total installed capacity of 175 MW, 134 MW comes from eight storage-based facilities that use dams or balancing reservoirs.

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Evergy buys Persimmon Creek wind farm in Oklahoma for $250m

Evergy, a US-based power utility firm, has agreed to purchase the Persimmon Creek wind farm in western Oklahoma for $250 million from Scout Clean Energy and Elawan Energy. The 199 MW wind farm spans 17,000 acres in Oklahoma’s Dewey, Ellis, and Woodward counties. It has 80 wind turbines from GE and has been in operation since 2018. The agreement aims to increase Evergy’s portfolio of renewable energy assets.

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