Tenaska Closes $158 Million Financing for Wind Project in Southwest Minnesota

Tenaska has successfully developed approximately 10,500 megawatts (MW) of natural gas-fueled and renewable power projects. Including the Nobles 2 transaction, Tenaska has raised approximately $17.2 billion in capital through bank facilities, capital market transactions, corporate facilities and equity.

“This is Tenaska’s second wind financing in 2019 that has been well received by the lending community,” said Jay Frisbie, Tenaska senior vice president of finance. “This project is well positioned to meet the needs of our customer when it comes online in 2020 and for many, many years into the future.”

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By MIT Sloan CDO
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