AES completes purchase of 612MW wind generation portfolio in New York

Category: Projects and Contracts


The AES Corporation (AES) has announced the completion of the purchase of Valcour Wind Energy (Valcour) from global investment firm Carlyle.
 
The Valcour portfolio currently produces roughly 25% of the State of New York's wind power and includes:
 
  • Three wind parks in Clinton County totaling 279 MW
  • Two wind parks in Wyoming County totaling 227 MW
  • One wind park in Franklin County totaling 106 MW
Cogentrix Energy, a Carlyle portfolio company, operated, maintained, and managed the portfolio since Carlyle's acquisition of Valcour in 2018. AES is assuming these responsibilities going forward.

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