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Friday, 26 April 2024

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Enel Acquires 650 MW of Renewable Capacity from GE

Enel, acting through its renewable subsidiary Enel Green Power North America, has acquired 100 percent of seven fully operational renewable plants totaling 650 MW from Enel Green Power North America Renewable Energy Partners, an equally owned joint venture between EGPNA and GE Capital’s Energy Financial Services, the energy investing arm of General Electric. Enel paid $256 million for an enterprise value equal to approximately $900 million.
Enel Acquires 650 MW of Renewable Capacity from GE
Cove Fort Geothermal Plant (Enel)

The assets under the transaction, which are all managed and operated by EGPNA, are:

  • The 25 MW Cove Fort geothermal plant in Utah;
  • The Salt Wells geothermal plant in Nevada, of 13.4 MW;
  • The Stillwater geothermal-solar facility in Nevada, of 59.5 MW;
  • The 400 MW Cimarron Bend wind farm in Kansas;
  • The 150 MW Lindahl wind farm in North Dakota;
  • The 2.4 MW Sheldon Springs solar PV facility in Vermont.

Following the transaction, EGPNA REP’s capacity amounts to around 1.1 GW of hydro and wind assets, which will continue to be managed and operated by EGPNA.

 
Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).