in News Departments > FYI
print the content item

Horizon Wind Energy LLC, a subsidiary of Energias de Portugal S.A. (EDP), has agreed on the indicative terms of a transaction with institutional equity investors for a portfolio of wind projects. The consortium of equity investors includes JP Morgan, ABN AMRO and Morgan Stanley.

According to Horizon, this transaction covers a portfolio of wind projects with 722 MW of total net installed capacity. The total contribution from the investors totals approximately $700 million

Once executed, this transaction will enable EDP and Horizon to monetize the production tax credits and the accelerated depreciation associated with Horizon's operational wind farms.


Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965