The assets under the transaction, which are all managed and operated by EGPNA, are: In line with the Group’s 2019-2021 Strategic Plan, this transaction aims to increase Enel’s consolidated capacity in the key US market, extracting more value through full ownership of assets that use strategic renewable technologies. Italian energy giant Enel has acquired full ownership of seven operational renewable plants from its joint venture (JV) partner GE Capital's Energy Financial Services in a $265m deal. The wind, solar and geothermal plants, based in Utah, Nevada, Kansas, North Dakota and Vermont, have a combined 650 MW capacity. In the US, the company will be able to sell electricity generated by these facilities at wholesale prices for up to $0.05/kWh, which is significantly lower than what it would cost to buy
Italian energy giant Enel has acquired full ownership of seven operational renewable plants from its joint venture (JV) partner GE Capital's Energy Financial Services in a $265m deal. The wind, solar and geothermal plants, based in Utah, Nevada, Kansas, North Dakota and Vermont, have a combined 650 MW capacity. In the US, the company will be able to sell electricity generated by these facilities at wholesale prices for up to $0.05/kWh, which is significantly lower than what it would cost to buy