Enel closes acquisition of Tradewind Energy and its renewable platform
Enel, through its US renewable subsidiary Enel Green Power North America, Inc., has closed an agreement to purchase Kansas-based renewable developer Tradewind Energy, Inc.
Under the agreement, Enel Green Power North America purchased all of Tradewind’s development platform comprising of 13 GW of wind, solar and storage projects located throughout the US. Shortly after the closing of Enel’s purchase of Tradewind, the company signed a definitive agreement with the Macquarie Group’s Green Investment Group to sell Savion, LLC, a 100% subsidiary of Tradewind that includes a development platform including 6 GW of solar and storage pipeline projects. The closing of the transaction with Macquarie, expected mid-2019, is pending regulatory approval.
Country updates
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April 08, 2019
Indiana approves development of 50 MW solar PV project
Vectren Energy Delivery of Indiana has announced that it has received approval from the Indiana Utility Regulatory Commission to build a 50-megawatt universal solar array in eastern Spencer County as...
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April 08, 2019
Duke Energy plans to develop three solar PV projects in Florida
Duke Energy Florida has announced the locations of its newest universal solar power plants, which will provide cleaner, smarter energy solutions to benefit Florida customers. The Lake Placid Solar Po...
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April 05, 2019
RES breaks ground on America’s largest bifacial solar farm
Renewable Energy Systems (RES) has announced the start of construction on the Southern Oak Solar Project in the state of Georgia. The project, which was developed by Invenergy, will be America’s...
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April 05, 2019
Ormat Signs a 25-Year PPA With SCPPA for Its Casa Diablo-IV Geothermal Power Plant in California
Ormat Technologies Inc. announced the signing of a Power Purchase Agreement (PPA) between a subsidiary of the Company and Southern California Public Power Authority (SCPPA). Under the PPA, SCPPA will...
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April 05, 2019
Navisun completes purchase of 14.3 MW solar portfolio in Massachusetts
Independent solar power producer, Navisun, has completed the purchase of a 14.3 MW solar photovoltaic portfolio from Clean Energy Collective. The solar portfolio is located in Massach...
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