Terra-Gen’s $244 Million Financing for California and Texas Wind Power Projects


Simpson Thacher Crédit Agricole Corporate and Investment Bank, KeyBank National Association and Commonwealth Bank of Australia, in a $244.3 million construction and bridge loan financing for the 193.5 MW Voyager II and 32.7 MW Texas Big Spring wind power projects being developed by Terra-Gen, LLC (“Terra-Gen”) in the Tehachapi area of California and Big Spring, TX respectively.

Terra-Gen, an affiliate of Energy Capital Partners, is a renewable energy company focused on developing, owning and operating utility-scale wind, solar and geothermal generation facilities. The company, led by James R. Pagano, was founded in 2005 and is headquartered in New York, with projects in California, Minnesota, Wyoming, Colorado, Texas, and Nevada.

The Simpson Thacher team included Ken Wyman (Picture), Amy Beller and Sam Egendorf (Credit); Larry Moss and Pasco Struhs (ECEB); Timothy Gallagher and Dennis Loiacono (Real Estate); and Andrew Purcell and Sarah Katz (Tax).

Involved fees earner: Kenneth Wyman – Simpson Thacher & Bartlett; Amy Beller – Simpson Thacher & Bartlett; Samuel Egendorf – Simpson Thacher & Bartlett; Laurence Moss – Simpson Thacher & Bartlett; Pasco Struhs – Simpson Thacher & Bartlett; Timothy Gallagher – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Crédit Agricole Corporate and Investment Bank; Commonwealth Bank of Australia; Keybank National Association;

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Author: Ambrogio Visconti