Marathon Capital, LLC (“Marathon Capital”) is pleased to announce the sale of Goldwind’s 160MW Rattlesnake Wind Project to an investment company advised by Exus Management Partners (“Exus”), an independent investment and asset management firm focused on the renewable energy sector. Marathon Capital acted as exclusive financial advisor to Goldwind on the transaction.
Goldwind’s wind turbines provide cleaner, cost-effective energy, while creating jobs, and stimulating economic growth. The Rattlesnake Wind Project, located in central Texas, is comprised of 64 Goldwind GW109/2500 Permanent Magnet Direct-Drive turbines. The project was purchased at a development stage by Goldwind in 2016 and reached commercial operation in 2018.
“Goldwind’s unparalleled wind turbine technology and service organization paired with Exus’ commitment to the production of renewable energy render a perfect long-term relationship for both companies. This is Marathon’s second successful transaction with Goldwind and we appreciate the trust on us to facilitate Goldwind’s strategic goals.” – Ari Pribadi, Senior Managing Director and Head of Marathon Capital’s Chicago Office
“Goldwind Americas is excited to be working with Exus Management Partners on the continued service and maintenance at the Rattlesnake Wind Project. This transaction advised by Marathon Capital and their efficient attention to detail, represents the start of a strong relationship between the Goldwind Group of Companies and Exus as they build out an impressive pipeline of wind farms globally,” says Saad Qais, Chief Financial Officer for Goldwind Americas.
Under the terms of the deal, Goldwind will continue to provide the project with long-term maintenance services designed to support Goldwind’s warranty package and the project’s operations at industry-leading availability levels.
About Goldwind Americas
Goldwind Americas, is a wholly-owned subsidiary of the multinational OEM, Goldwind Science & Technology Co., Ltd (SZSE: 002202) (HK: 2208) — a world leading wind turbine technology and energy solutions provider. Goldwind’s revolutionary Permanent Magnet Direct Drive (PMDD) technology is shaping a new standard in wind energy. Goldwind offers a full suite of innovative renewable energy solutions, including equipment sales, service, and capital. Goldwind Americas is a tradename of Goldwind USA, Inc. To learn more, visit www.goldwindamericas.com.
About Exus Management Partners
Exus Management Partners is an independent investment and asset management firm focused on the renewable energy sector. Exus combines comprehensive financial, technical and operational know-how to provide turn-key investment and asset management solutions to its investors and clients. Exus has presence in Spain, Portugal, Italy, France, Germany, Brazil, US and Mexico with a total of 4.4 GW under management.