- Published: 16 March 2016 16 March 2016
EDF Renewable Energy (EDF RE) has closed on the transaction to sell a 50 per cent interest in the 250MW Roosevelt Wind Project and the 49.65MW Milo Wind Project to a fund managed by BlackRock Infrastructure.
The closing of this transaction seals the partnership on the final two of five projects for which BlackRock and EDF Renewable Energy have signed agreements for over the past year. The two wind projects are adjacently located in Roosevelt County, New Mexico. Both projects are operational with Roosevelt delivering electricity to Southwestern Public Service Company (SPS), a subsidiary of Xcel Energy; Milo electricity is committed into the Real-Time market in the Southwest Power Pool (SPP) Regional Transmission Organization (RTO).