Thursday, August 24th, 2017

Enel Green Power to spend $60 mln to raise Buffalo Dunes stake

<img src="http://www.davidsellers.com/wp-content/plugins/wp-o-matic/cache/7fdffe83f7_2014-05-12T110150Z-1-LYNXMPEA4B098-RTROPTP-2-ITALY-NUCLEAR.JPG" width="130" height="86" alt="A worker inspects solar panels at Enel’s power plant in Montalto di Castro” align=”left” title=”A worker inspects solar panels at Enel’s power plant in Montalto di Castro” border=”0″ />Italy's biggest green energy company Enel Green Power said on Monday it had agreed to pay $60 million to take its stake in U.S. wind farm Buffalo Dunes to 75 percent. In a statement Enel Green Power, which is controlled by Italy's biggest utility Enel, said its North America unit had signed an agreement with GE Capital to buy a further 26 percent stake in the company that runs the U.S. wind farm.


Speak Your Mind

Questions or comments? We'd love to hear from you!