K2 Management advised on Copenhagen Infrastructure Partners’ (CIP) equity investment in Bearkat I onshore wind farm in the US, which has just reached financial close. The assignment saw K2 Management’s North American team deliver detailed acquisition due diligence and advisory support over a five-month contract.
The scope of work included a technical review of the project, consultation on CapEx and OpEx budgets, environmental permitting and crossing agreements, and the review and de-risking of the EPC, turbine supply, and all operations and maintenance contracts.
The 196.7 MW wind farm, in Glasscock County, Texas, will consist of fifty-seven Vestas V126-3.45 MW turbines and is expected to commence commercial operations later this year.
