Enel Buys 650 MW of Renewable Capacity From US JV
March 15 2019 - 2:37AM
Dow Jones News
By Nathan Allen
Enel SpA (ENEL.MI) said Friday that it has acquired 650
megawatts of renewable generation capacity from its U.S. joint
venture Enel Green Power North America Renewable Energy Partners
LLC in a deal valued at $900 million.
The Rome-based power comany said it paid around $256 million to
buy out its joint-venture partner General Electric Capital
Corp.
The portfolio includes six generation assets across the U.S.,
including wind, solar and geothermal facilities, Enel said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
March 15, 2019 02:22 ET (06:22 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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