in News Departments > Projects & Contracts
print the content item

Horizon Wind Energy LLC, a subsidiary of Energias de Portugal (EDP), agreed to a transaction with a consortium of institutional equity investors, composed of GE Energy Financial Services and Wachovia Investment Holdings LLC, for the participation in a portfolio of four wind farm projects in the U.S.

According to EDP, the consortium will invest a total of $600 million, of which $340 million was funded in 2007 and the remainder will be invested in 2008.

The projects, which include Elkhorn Valley, Prairie Star, Twin Groves II and Lone Star II, are expected to have a net installed capacity of 600 MW.


Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032