Windtech International

    Follow us on
    twitter

Latest Issues

Email Services

captcha
Notice
  • EU e-Privacy Directive

    This website uses cookies to manage authentication, navigation, and other functions. By using our website, you agree that we can place these types of cookies on your device.



Renovalia Energy and First Reserve create a new joint venture company

E-mail Print
First Reserve Corporation (First Reserve) and Renovalia Energy have established a joint venture, Renovalia Reserve, to own and operate wind projects in Europe and North America.

First Reserve has committed US$ 150 million to the joint venture. The long-term agreement supports Renovalia Energy’s growth and international expansion plans. At an initial total capacity of 559MW, Renovalia Reserve will initially comprise Renovalia Energy’s 259MW of operating wind assets in Spain (244MW) and Hungary (15MW), and its wind pipeline in Canada, Romania and Spain, with total capacity of more than 300MW.
 
You are here: Home News Company News Renovalia Energy and First Reserve create a new joint venture company