Altamont Winds LLC
GE Energy Financial Services, Rabobank and NORD/LB
Marathon Capital, LLC (“Marathon”)advised on the successful closing of project financing for the Summit Wind Project (“Summit Wind” or “Project”) owned by Altamont Winds LLC (“Altamont”). Summit Wind is a 57.5 MW wind project currently under construction in Alameda County, California. Summit Wind executed a 20-yr PPA with East Bay Community Energy (“EBCE”) for the Project’s full energy output in the second half of 2019. Marathon arranged a tax equity commitment provided by GE Energy Financial Services (“GE EFS”), as well as term debt commitments and construction debt financing provided by Rabobank and NordLB.