CRC-IB Advises Tyr Energy on Tax Equity Investment in 200MW Wind Project

CRC-IB has advised Tyr Energy (“Tyr”), an owner, manager, and developer of North American independent power projects, on its tax equity investment in the 200MW Bowman Wind project. The project is located in North Dakota and is expected to achieve commercial operation in Q4 2025.

CRC-IB served as financial advisor to Tyr on the transaction, providing structuring, due diligence, and negotiation support.

“Tyr is a leader in North American clean energy development, and this investment highlights their strategic approach to capital deployment in clean energy projects,” said Michael Yurkerwich, CRC-IB Managing Director and deal lead.

For more information on this transaction, please contact Michael Yurkerwich.

About Tyr

Headquartered in Overland Park, KS, Tyr is an owner, manager, and developer of North American independent power projects. Since its inception in 2003, Tyr has developed and invested in more than 30 power plants in the United States, including eight investments in wind and solar assets.   Tyr, through its wholly-owned subsidiary, Tyr Energy Development Renewables, LLC, is currently developing solar power projects and storage batteries with a total capacity of approximately 4 GW. Tyr is also an affiliate of NAES Corporation, the world’s largest independent O&M provider, which operates approximately 250 thermal power plants with a capacity of 57 GW, as well as approximately 1,400 solar power facilities with a capacity of 2 GW.