Quinbrook Infrastructure Partners’ Financing and Tax Equity of Ranchero Wind Farm Project


Akin Gump advised Quinbrook and Scout in the deal.

Quinbrook Infrastructure Partners, a specialist investor in low carbon energy infrastructure, has announced that its portfolio company, Scout Clean Energy LLC, has closed construction financing and tax equity commitments on the 300MW Ranchero Wind Farm located in Crockett County, Texas.

The Ranchero project is expected to be operational by the end of 2019 and has been developed from inception by the Scout team. It will utilize 120 of the latest generation GE 2.5MW wind turbines with 127m rotors and has secured a 10-year proxy revenue swap with Allianz Global & Specialty, Inc.’s Alternative Risk Transfer unit, in partnership with Nephila Climate.

Ed Zaelke (Picture), a partner in Akin Gump’s global project finance practice, led the team advising Quinbrook and Scout. He was joined by oil and gas partners Eric Muñoz, Chip Cowell and William Morris, counsel Chase Armbrust, and associates Lisa Garrett, Eduardo Canales, Shane Copelin and Katherine Raymond; and global project finance counsel Daniel Lynch, and associates Nicole Scott and Matt Smith.

Involved fees earner: Charles Armbrust – Akin Gump; Eduardo Canales – Akin Gump; Shane Copelin – Akin Gump; Eugene Cowell – Akin Gump; Lisa Garrett – Akin Gump; Daniel Lynch – Akin Gump; William Morris – Akin Gump; Eric Muñoz – Akin Gump; Katherine Raymond – Akin Gump; Nicole Scott – Akin Gump; Matt Smith – Akin Gump; Edward Zaelke – Akin Gump;

Law Firms: Akin Gump;

Clients: Quinbrook Infrastructure Partners LLC;

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Author: Ambrogio Visconti