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Enbridge (ENB -1.1%) says it's acquired 100% interest

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Timothy Smith   Thursday, 11/26/15 12:59:33 AM
Re: None
Post # of 45 
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.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty
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