Wednesday, December 11, 2013

EDF Renewable Energy In Wind Farm Deal With UBS

San Diego-based renewable energy developer EDF Renewable Energy has inked a wind farm financing deal with the UBS International Infrastructure Fund, where UBS will acquire 50 percent equity interest in EDF's 161 megawatt Spinning Spur II wind farm project. Financial details of the funding deal were not announced. EDF's Spinning Spur II project is based in Oldham County, Texas, and is expected to go into operation in 2014.