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Investors - JUNE 2, 2020

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Scout Clean Energy completes 180MW Heart of Texas Wind Farm

by Kali Persall

Colorado-based Scout Clean Energy, a renewable portfolio company of Quinbrook Infrastructure Partners, has finalized the construction of its 180-megawatt Heart of Texas Wind Farm (HTX) located in McCulloch County, Texas.

Construction on HTX began in September 2019. The project was completed on time and under budget, bringing Scout's operational portfolio of wind energy generation to 698 megawatts, according to Michael Rucker, CEO and founder of Scout Clean Energy.

The company has an additional 146 megawatts under construction and more than 4,000 megawatts in its active development pipeline.

HTX has signed an offtake contract with Allianz Global Corporate & Specialty's Alternative Risk Transfer unit, in partnership with Nephila Climate. The project has tax incentive agreements in place with McCulloch County, McCulloch County Hospital District and Lohn Independent School District.

In addition, KeyBank, Rabobank and CoBank ACB provided $255 million in co

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