Invenergy Wind Announces Sale Of Minority Interest In Raleigh Wind Energy Centre

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Invenergy Wind LLC has completed the sale of a minority interest in its Raleigh Wind Energy Centre in Canada to Marubeni Corp. Under the terms of the transaction, Invenergy will remain as majority owner of Raleigh and will continue to operate and manage the facility.

Raleigh is a 52-turbine, 78 MW project in Chatham-Kent, Ontario, that is expected to reach full commercial operation in February. The project interconnects with Hydro One Networks Inc. and sells its output under a 20-year Renewable Energy Supply III Contract with the Ontario Power Authority.

SOURCE: Invenergy

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