North American Windpower: Enel Partners With U.S. Developer

Enel Partners With U.S. Developer

by NAW Staff on Wednesday 27 September 2006

Enel North America Inc., a subsidiary of Enel SpA, has signed an equity purchase and partnership agreement with TradeWind Energy LLC, a Lenexa, Kan.-based wind power developer, to jointly develop wind projects in the Midwest and potentially other regions in the U.S.

Under the terms of the agreement, the companies will provide over 1,000 MW of wind power. Enel will have the priority right to acquire, own and operate the wind projects developed by TradeWind, which will enable the company to further strengthen its position in the U.S.

"We are strongly committed to pursue growth in renewables, and we are very pleased with this strategic partnership," says Fulvio Conti, Enel's chief executive officer. "TradeWind has a very interesting pipeline with some exceptional projects in terms of wind resources. Enel's financial capabilities as well as its long-established tradition in renewable energy, coupled with TradeWind's strong development capabilities and deep knowledge of local markets, will make for a strong partnership."

Latest Top Stories

Study: How Northwest Wind Can Play With Energy Storage And Provide Operational Flexibility

Researchers have identified two possible sites in eastern Washington to build compressed-air energy-storage facilities that could temporarily store the Northwest’s abundant wind resources.

Wind Consortium Deploys Nacelle-Mounted LIDAR At Offshore Site In Irish Sea

In an important development for performance verification for offshore wind sites, a group of companies have deployed a nacelle-mounted LIDAR at DONG Energy's 367 MW Walney Wind Farm.

As U.S. DOJ Investigates, Duke Works Adaptive Management Plan

With previous golden eagle fatalities reported at two company-owned wind farms in Wyoming, Duke Energy Renewables is going to great lengths to protect raptors.

DOE To Recast Landmark 20% Wind Energy Report; Study Looks Back, Ahead

The U.S. Department of Energy will update its 20% Wind Energy By 2030 report, which indicated increased levels of wind penetration for the U.S. is not only possible but feasible.

Wind Energy Procurement Top Of Mind For Big-Name Companies

With greater frequency, top-tier companies are discovering the economic and environmental power of wind energy and upping their investments in the resource.