US consortium backs NTR windfarm

A consortium of American financial firms has invested €190m in a 201MW Kansas windfarm owned by NTR.

NTR, the former operator of toll roads which has diversified into renewable energy, received investment from firms including General Electric, Metro-politan Life Insurance Company, and Union Bank. The financial firms have backed the 201MW Post Rock windfarm and created 150 jobs during the construction phase of the project.

NTR chief executive Michael McNicholas said the investment was a major achievement for NTR.