Cordelio Power Achieves Commercial Operations at 135 MW Crossover Wind Project, the First Operating Wind Project in Arkansas - Cordelio Power

▤ Summary

Cordelio Power has started commercial operations at its 135 MW Crossover Wind project in Arkansas, the first utility-scale wind project in the state. The project will supply all of its electricity to Microsoft under a 20-year contract. Cordelio completed a large project financing package that included construction debt, term debt, and tax equity. The project was previously acquired from Steelhead Americas in late 2023 and was built by M.A. Mortenson with turbines from Vestas. This matters for readers tracking renewable energy infrastructure, power development, and industrial-scale project finance.

▦ Linked Companies

Microsoft

$1B+