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Windtech International May June 2024 issue

 

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innogy has acquired from UK private equity investor, Terra Firma Capital Partners, the EverPower Wind Holdings’ US onshore wind development business. Both companies signed the respective purchase agreement already at the end of 2017.
 
Now the entire transaction has been successfully completed following approval by the US government’s Committee on Foreign Investment in the United States (CFIUS) and pending consents of authorities on state level. With this acquisition, innogy became the sole owner of more than 2,000MW of onshore wind projects in various development stages. The projects are located across eight states (Maine, Maryland, Montana, New York, Ohio, Pennsylvania, Washington and Wyoming). All parties have agreed to keep the purchase price confidential.
 
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