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US company Allete has secured almost $350m in tax equity financing in support of two recently completed wind farms in Oklahoma and Minnesota with combined capacity of 553MW. Allete Clean Energy has sold Class A passive membership interests in the 303MW Diamond Spring project in Oklahoma to FNBC Leasing, an affiliate of JPM Capital Corp. The wind farm sells electricity to Walmart, Smithfield Foods and Starbucks and achieved full commercial operation in early December. Allete South Wind has secured tax equity financing from Bank of America for the 250MW Nobles 2 wind farm in southwestern Minnes...

Jimmy Lovrien wants to hear from you! Tips? Thoughts? Story ideas? Send them his way, jlovrien@duluthnews.com. 8:00 am, Dec. 30, 2020 × As the hellscape that has been 2020 winds down, we're all hoping for a more stable, healthy 2021. If next year is expected to bring changes to your business, I'd love to hear about them. Drop me an email or give me a call. In the meantime, here's some business tidbits to get you through the end of the year: Industries in need of workers, classes offered Believe it or not, there are some industries hiring right now. Information technology, nursing a...

Daily Energy Insider ALLETE Clean Energy begins operations at 303 MW Oklahoma wind farm Published on December 28, 2020 by Chris Galford © Shutterstock Operations began at the Diamond Spring wind site in southern Oklahoma last week, providing 303 MW of renewable energy for corporate customers for ALLETE Clean Energy. Under 12-15 year contracts, that energy — enough to power about 114,000 homes — will benefit Walmart, Smithfield Foods, and Starbucks. It is ALLETE’s largest project, and brings the company’s total wind capacity to more than 1,000 MW. All wind turbines on-site also quali...

Allete Clean Energy has announced the start of commercial operations at its Diamond Spring wind farm in southern Oklahoma. The output from the 303MW Diamond Spring site is contracted to provide renewable energy to Walmart, Smithfield Foods and Starbucks though separate renewable energy sales agreements with 12-15 year terms. Diamond Spring is Allete Clean Energy’s largest wind site, producing enough energy to power about 114,000 homes and increasing the company’s total wind capacity to more than 1GW. Allete Clean Energy president Allan Rudeck said: "Diamond Spring will help our customers...