in News Departments > New & Noteworthy
print the content item

Energias de Portugal SA (EDP) has signed an agreement to acquire 100% of the share capital of Horizon Wind Energy LLC, a wind farm developer and owner, from The Goldman Sachs Group Inc. for $2.15 billion. According to EDP, the acquisition is a natural fit with the company's strategy because it would enhance its renewable energy portfolio and provide entry into the U.S. market.

The transaction is subject to customary closing conditions, including certain federal and state regulatory approvals and clearance, the companies add. However, it is targeted to close by the end of the second quarter 2007.


Helukabel_id1908
Latest Top Stories

Smart Community Engagement: Twelve Tips Every Wind Developer Should Know

Community engagement helps ensure a project runs smoothly, but it can also save developers money and even lead to a more successful wind industry overall.


Bird Groups Target LEEDCo's Icebreaker Offshore Wind Pilot

Two bird conservation groups that helped halt a wind project earlier this year argue that Lake Erie Energy Development Corp.'s (LEEDCo) 18 MW offshore demo poses a major risk to regional wildlife.


Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.

JLG_id1900
WomenofWind_id
UEA_id1896
Acciona_id1907
bonfiglioli_id1913
AWEA_id1886