in News Departments > Projects & Contracts
print the content item

Marubeni Corp. says it has completed a transaction to acquire an economic interest in a wind project owned by EDF Renewable Energy.

Under the contract, Marubeni will acquire a 50% interest in the 205.5 MW Lakefield Wind Project, which is located in Jackson County, Minn. The project has a 20-year power purchase agreement with Indianapolis Power & Light and entered commercial operation in October 2011.

The Lakefield Project will be Marubeni's second wind project investment in the North American market - the first was the Raleigh Wind Energy Centre Project in Ontario, which Marubeni joined in 2010 - and its first in the U.S.

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934