Tuesday, March 15, 2016

EDF Renewable Energy Sells 50 Percent Of Two Wind Projects To BlackRock

San Diego-based renewable energy developer EDF Renewable Energy said Tuesday that it has sold a 50 percent interest in two, New Mexico wind projects, to private equity investor Blackrock Infrastructure. The two projects are its 250 megawatt Roosevelt Wind Project and 49.65 MW Milo Wind Project, both of which are located in Roosevelt County, New Mexico. Financial deatils of the sale were not announced. EDF Renewable Energy has now worked out a total of five similar project deals with BlackRock over the last year. The two wind projects generate enough energy to power approximately 170,000 households.