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| | January 2011 | Raleigh Wind Energy Centre Marubeni Corporation has completed a transaction with Invenergy Wind LLC ("Invenergy") to acquire a 49% ownership interest in Invenergy’s Raleigh Wind Energy Centre ("Raleigh"), a 78 megawatt ("MW") wind farm under construction in Ontario, Canada. Raleigh will be Marubeni’s first power project investment in Canada. Read Press Release
| November 2010
| Electric Infrastructure Alliance of America Marubeni and its partners purchased Sharyland Utilities and Cap Rock Energy, two electric T&D utilities in Texas, and put them in a newly-created REIT structure, Electric Infrastructure Alliance of America (EIAA). Following the acquisition, EIAA will develop Sharyland’s transmissionlines and substations in the Competitive Renewable Energy Zones (“CREZ”) in the Texas Panhandle and South Plains. Partners have committed additional capital, up to $2.1 billion of equity, to additional development and to acquisitions in EIAA and a related gas REIT, GIAA.
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| October 2010
| Atlantic Wind Connection Marubeni is a 15% partner in Atlantic Wind Connection, which is developing a subsea HVDC backbone along the Atlantic coast from Virginia to New Jersey. The project is expected to be built in 5 stages, and when finished will provide reliability benefits along the Mid-Atlantic Area National Interest Electric Transmission Corridor and will allow 6,000 MW of offshore wind capacity to connect to Eastern load centers. Relative to individual tie-lines for wind farms, the backbone provides greater reliability benefits, allows equipment suppliers to achieve efficient scale and has a smaller environmental footprint. | May 2009
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Invenergy Thermal Portfolio Marubeni Corporation acquired 49% ownership interest in Invenergy Thermal Financing whichin turn owns a portfolio of 1,041MW natural gas fired power plants in Florida, Colorado and Minnesota. The projects include i) Hardee 370MW gas fired combined cycle/peaking plant, ii) Spindle Hill 314MW peaking plant and iii) Cannon Falls 357 MW peaking plant. All plants are contracted with investment grade utilities and cooperatives for more than 15 years and it is expected to deliver predictable cash flow and income.
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