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Union Star wind farm up for sale

WindFarm1Two wind projects in Kansas and Missouri are up for sale.

Last week the NTR Foundation based out of Ireland announced it is selling its US wind company Wind Capital Group LLC.

NTR constructs and operates wind projects across the US, UK and Ireland.

The company plans to launch the sale process of its wind projects Post Rock located in western Kansas,  and Lost Creek based Union Star, Mo., this will comprise 350MW of operating assets with long‐term off take contracts.

“The market for selling US operational wind projects is very favorable and that the profile and quality of the two wind projects should be attractive to a wide range of potential purchasers,” Rosheen McGuckian, NTR Chief Ex. said. “Taking these factors into consideration, the Board has decided that launching a sale process is an appropriate strategy to optimize the value inherent in these projects.”

The process will formally launch later this month, with a view to seeking initial bids from interested parties in the New Year.

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