in News Departments > FYI
print the content item

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."




Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008