[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]


LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

SunEdison to develop wind energy projects  

Credit:  Power Engineering | Jan 8, 2015 | www.power-eng.com ~~

SunEdison (NYSE: SUNE) bought new wind turbines from TerraForm Power Inc. (Nasdaq: TERP) to develop up to 1.6-GW of wind energy projects that qualify for the federal production tax credit (PTC).

In November, the companies signed a definitive agreement to acquire First Wind for $2.4 billion. That included more than 1.6 GW of pipeline and backlog projects, of which 1.4 GW were already PTC or ITC qualified, and an additional 6.4 GW of project development opportunities. TerraForm will purchase the projects from SunEdison when they begin commercial operation.

The acquisition of First Wind is expected to close in the first quarter of 2015, subject to customary approvals.

Source:  Power Engineering | Jan 8, 2015 | www.power-eng.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

 Follow: