in News Departments > FYI
print the content item

enXco Inc., an Escondido, Calif.-based developer, operator and manager of wind energy projects throughout the U.S., has acquired an additional 30% share of the Hawi Wind Project from International Energy Services U.S.A. Inc. This acquisition will now increase enXco's ownership of the project to 60%, with the remaining 40% interest held by Hawi Renewable Development Inc.

"enXco is very pleased with this additional acquisition of the Hawi project, as it is in line with our ever-increasing significant ownership of wind-energy facilities in the United States," says Tristan Grimbert, enXco's president and chief operating officer. "This project has done very well since its completion in April and with the assistance of Jim Walker, who heads our asset management division. We are excited to increase our management and ownership of this beautiful site."

The Hawi project is located at Upolo Point on the Big Island of Hawaii. It is comprised of 16 Vestas V47 wind turbines and has a long-term power purchase agreement with Hawaii Electric Light Co.


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