ABB_id2059
in News Departments > FYI
print the content item

Enel North America Inc., a subsidiary of Enel SpA, has signed an equity purchase and partnership agreement with TradeWind Energy LLC, a Lenexa, Kan.-based wind power developer, to jointly develop wind projects in the Midwest and potentially other regions in the U.S.

Under the terms of the agreement, the companies will provide over 1,000 MW of wind power. Enel will have the priority right to acquire, own and operate the wind projects developed by TradeWind, which will enable the company to further strengthen its position in the U.S.

"We are strongly committed to pursue growth in renewables, and we are very pleased with this strategic partnership," says Fulvio Conti, Enel's chief executive officer. "TradeWind has a very interesting pipeline with some exceptional projects in terms of wind resources. Enel's financial capabilities as well as its long-established tradition in renewable energy, coupled with TradeWind's strong development capabilities and deep knowledge of local markets, will make for a strong partnership."



Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015