Posted by: Windfair Editors
BluEarth Enters U.S. Market by Aquiring Two Wind Farms
Image: BluEarthOfficial Press Release BluEarth Renewables:
BluEarth Acquires Two U.S. Operating Wind Facilities
BluEarth Renewables LP (“BluEarth”) is pleased to announce its U.S. affiliate has completed the acquisition of a majority interest in two operating wind facilities located in Meeker County, Minnesota totaling 39.6 megawatts (MW).
BluEarth acquired an 80% interest in Adams Wind Generations, LLC and Danielson Wind Farms, L.L.C., respective owners of the 19.8 MW Adams Wind Farm and the 19.8 MW Danielson Wind Farm (the “Facilities”). The remaining interest is owned by Adams Wind Holdings, LLC and Danielson Wind Holdings, L.L.C, respectively, which are owned by local landowner partners. The electricity generated by the Facilities is sold under power purchase agreements (“PPAs”) with a credit-worthy utility. The Facilities have over 13 years remaining on... ... More: Official Press Release BluEarth Renewables
