Located in Van Wert and Paulding Counties, the wind project will be acquired from Trishe Resources.
The project construction began in December 2013 while the 100MW first phase is scheduled to achieve commercial operations by late 2015.
Starwood Energy Group managing director Himanshu Saxena said: "We look forward to working together with the local communities to make this project a success.
"We are committed to developing such energy infrastructure projects, which will provide clean and competitively priced power for many years to come."
Earlier in 2014, Starwood Energy invested in the 377MW Stephens Ranch wind project, located near Lubbock, Texas.
Scheduled to be developed in two phases, the Stephens Ranch project is expected to be completed by mid-2015.
Starwood Energy, an affiliate of private investment company Starwood Capital, specializes in energy infrastructure investments, with a focus on the natural gas, renewable power generation and transmission sectors.
