Posted by: Windfair Editors
InfraRed Capital Partners to acquire stakes in four wind farms
Image: InfraRedOfficial Press Release InfraRed:
InfraRed Capital Partners to acquire stakes in four wind assets from Algonquin Power & Utilities Corp.
InfraRed Capital Partners (“InfraRed”) today announces that it has entered into an agreement to acquire a 49% stake in a portfolio of three operating, utility-scale wind assets in the US from Algonquin Power & Utilities Corp. (“Algonquin”), a leading renewable energy and utility company with over $17 billion of total assets. InfraRed has also agreed to acquire an 80% stake from Algonquin in Blue Hill, a Canadian wind asset.
The portfolio comprises the following operational projects: Deerfield, a 149 MW wind farm in Michigan Odell, a 200 MW wind farm in Minnesota Sugar Creek, a 202 MW wind farm in Illinois Blue Hill, a 175 MW wind farm in Saskatchewan This acquisition will positively contribute both to the... ... More: Official Press Release InfraRed
- Keywords:
- InfraRed Capital Partners, agreement, Algonquin, wind farm, onshore
