wind

Exus Renewables closes $356M construction financing for two Pennsylvania wind projects

Independent power producer Exus Renewables North America (Exus), which specialises in renewable energy solutions for data centres and other large energy consumers, has announced the closing of approximately $356 million in construction financing for the Cambria Wind Farm and the Highland North Wind Farm in Pennsylvania.
Cascante wind farm, Spain. Courtesy of Exus Renewables.
Cascante wind farm, Spain. Courtesy of Exus Renewables.

The Cambria Wind Farm is a repowered 61.6 MW project in Adams Township, Cambria County, currently under construction with commercial operation expected in Fall 2026. The Highland North Wind Farm is a repowered 75 MW project, also in Cambria County. Both projects utilise Vestas turbines.

“The demand for clean energy from data centres and large corporations isn't slowing down, it's accelerating” said Jim Spencer, President and CEO, Exus Renewables North America. “For good developers with strong pipelines and quality sponsors, the capital is there, and this is exactly the kind of execution we're built for.”

The projects expand Exus's footprint in Pennsylvania, where the company owns over 306.9 MW of wind capacity, including the Twin Ridges Wind Farm, a completed 139.4 MW facility in Somerset County. A ribbon-cutting ceremony for both Highland North and Cambria is planned for September 2026. Hunton Andrews Kurth LLP served as legal counsel to Exus; Paul Hastings LLP served as counsel to the lenders.

“KeyBank has a long history in Pennsylvania, and we're proud to support projects that expand clean energy generation while creating economic opportunities across the Commonwealth” said Andy Redinger, Managing Director and Head of the Utility, Power and Renewable Energy Group at KeyBanc Capital Markets. “Highland North and Cambria are high-quality projects led by an experienced developer, and this financing underscores our confidence in Exus and the long-term strength of the renewable energy sector.”

For additional information:

Exus Renewables North America (Exus)

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