Enel Green Power North America Expands Stake in US Wind Farms Through Strategic Swap Agreement

Enel's subsidiary EGPNA signs swap deal to grow US renewables

Enel Green Power North America has entered into a swap agreement with Gulf Pacific Power to expand its renewable capacity in the US.

Enel, signed agreement that allows the Group to increase consolidated renewable capacity in the US by 285 MW

�������� The transaction will take place through the completion of a swap agreement with GPP concerning operational wind farms and is in line with the Enel Group's strategy to increase the generation capacity from renewable sources, including through the acquisition of assets already in operation (Brownfield) Enel informs that its wholly owned subsidiary Enel Green Power North America (“EGPNA”) has signed a swap agreement with Gulf Pacific Power…

Enel, through its subsidiary Enel Green Power North America, has signed a swap agreement with Gulf Pacific Power that will allow it to increase its net renewable capacity installed in the United States by 285 megawatts (MW), the company reported. Specifically, according to the agreement, Enel’s subsidiary will increase its indirect participation in certain corporate vehicles owned by wind farms, up to 51%, in exchange for its shares in other cor…

Enel Green Power North America Expands Stake in US Wind Farms Through Strategic Swap Agreement

Enel Green Power North America Expands Stake in US Wind Farms Through Strategic Swap Agreement (IN BRIEF) Enel Green Power North America (EGPNA) has signed a swap agreement with Gulf Pacific Power (GPP) to increase its equity stake in operational wind farms in the USA. This agreement will increase Enel’s net installed capacity by 285 MW and is in line with the company’s strategy to expand renewable energy generation. The transaction involves a n…

Enel increases U.S. renewable energy capacity in swap, $50 million cash deal

The deal will expand its indirect equity stake in corporate vehicles owning wind farms