United States

United States

USDA loan guarantee for South Dakota wind project

UNITED STATES: The Basin Electric Power Cooperative has received a loan guarantee to construct a 151.5MW wind farm in South Dakota.

The PrairieWinds project under construction
The PrairieWinds project under construction

The cooperative will build over 100 wind turbines for the PrairieWinds wind farm in central South Dakota.

The $204 million loan guarantee will be funded by the US Department of Agriculture's  Rural Utilities Service and covers 60 percent of the total $340 million cost.

PrairieWinds is next to a smaller 10.5MW wind project owned by South Dakota Wind Partners, a group of local community investors.

The Western Area Power Administration approved the connection of both wind farms to the grid in October.

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