EDF Renewables Sells Wind and Solar Projects in the United States

EDF Renewables North America announced today the signing of two Purchase and Sale Agreements (PSA) by which PGGM Infrastructure Fund will acquire a 50 percent ownership interest in the following projects: Glacier’s Edge Wind and Valentine Solar.

Combined capacity of the projects is 332 megawatts (MW). Completion of the transaction is subject to regulatory approval and customary conditions precedent. This transaction follows on an earlier agreement between the two companies concerning three projects for 588 MW. Total capacity of the portfolio (five projects in total) is 920 MW. EDF Renewables will remain a 50 percent co-owner and provide management as well as operations and maintenance services. The agreement with EDF Renewables is part of PGGM’s... ... More: Official Press Release EDF Renewables

Keywords:

EDF Renewables, USA, aquisition, wind, solar, PGGM, wind farm