Enel Buys 650 MW of Renewable Capacity From US JV

Date : 03/15/2019 @ 6:37AM
Source : Dow Jones News
Stock : Enel (ENEL)
Quote : 5.771  0.081 (1.42%) @ 4:35PM
Enel share price Chart

Enel Buys 650 MW of Renewable Capacity From US JV

Enel (BIT:ENEL)
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   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)

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