Tuesday, April 3, 2012

Enel Green Power, GE to co-develop Chisholm View wind project

The Chisholm View wind project, which requires a total equity investment of approximately US$375 million, will have a total installed capacity of 235.2MW and is supported by a long term power purchase agreement (PPA).

Under the terms, EFS Chisholm will invest approximately US$191 million for a 51 percent stake in the Chisholm View project, whereas Enel Green Power North America will contribute approximately US$184 million for a 49 percent stake.

Enel Green Power North America has an option to further increase its stake up to a further 26 percent of EFS Chisholm equity on specific dates in 2012 and 2013.
Enel Green Power, GE to co-develop Chisholm View wind project

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