Exus Renewables secures $356m for Pennsylvania wind farms

Exus Renewables North America has closed astir $356m successful operation financing to enactment 2 upwind vigor projects successful Pennsylvania, US.

The financing volition spell towards the Cambria Wind Farm and the Highland North Wind Farm, some located successful Cambria County.

KeyBanc Capital Markets coordinated the arrangement, with information from further fiscal partners.

The Cambria Wind Farm, a 61.6MW repowered task presently nether operation successful Adams Township, is expected to statesman commercialized operations successful autumn 2026.

The Highland North Wind Farm, besides being repowered, volition person a capableness of 75MW.

Both facilities volition beryllium equipped with turbines from Vestas.

KeyBanc Capital Markets managing manager and utility, powerfulness and renewable vigor radical caput Andy Redinger said: "KeyBank has a agelong past successful Pennsylvania, and we are arrogant to enactment projects that grow cleanable vigor procreation portion creating economical opportunities crossed the Commonwealth.

"Highland North and Cambria are high-quality projects led by an experienced developer, and this financing underscores our assurance successful Exus and the semipermanent spot of the renewable vigor sector."

These developments volition summation Exus Renewables North America's upwind vigor capableness successful Pennsylvania, wherever it already owns much than 306.9MW, including the operational Twin Ridges Wind Farm successful Somerset County with a capableness of 139.4MW.

The institution expects some the Cambria and Highland North sites to beryllium commissioned successful September 2026.

Exus Renewables North America president and CEO Jim Spencer said: "The request for cleanable vigor from information centres and ample corporations isn't slowing down, it is accelerating.

"For bully developers with beardown pipelines and prime sponsors, the superior is there, and this is precisely the benignant of execution we are built for."

Hunton Andrews Kurth provided ineligible counsel to Exus connected the transaction, portion Paul Hastings advised the lenders.

Exus owns, develops and operates utility-scale renewable vigor and vigor retention projects crossed the US. The company's portfolio includes much than 6GW, with successful excess of 700MW presently operating oregon nether construction.

In July 2025, Exus Renewables raised $308.2m to concern utility-scale star and upwind projects passim the US.

"Exus Renewables secures $356m for Pennsylvania upwind farms" was primitively created and published by Power Technology, a GlobalData owned brand.