Enbridge Inc (ENB)

[Timothy Smith]

Enbridge (ENB -1.1%) says it's acquired 100% interest in the New Creek Wind Project, an under-development 103-megawatt wind farm, from EverPower Wind Holdings.

Enbridge is in for about $200M on the West Virginia project, which is backed by renewable energy credit sales and off-take agreements with fixed pricing. It gives Enbridge an interest in a total near 2,000 megawatts of net renewable generating capacity.

The project comprises 49 turbines and is expected to be in service in December 2016.