AMARILLO, TX - WASHINGTON, DC , Sep 27, 2016 -
Falvez Energy has closed the financing of the Falvez Astra Wind Project in Texas, its first utility scale wind project. GE (NYSE: GE) unit, GE Energy Financial Services, provided the construction financing, which will enable the construction of the 163-megawatt wind farm. Additionally, GE Energy Financial Services and BNP Paribas SA will each provide 50% of the long-term tax equity for the project.