Gamesa unit sells company, wind farm to enXco

Gamesa Energy USA LLC signed an agreement to sell its full interest in Chestnut Flats Wind LLC and all project assets owned by the company to enXco, a unit of EDF Energies Nouvelles Co.

The 38 MW capacity Chestnut Flats Wind Project is located in Pennsylvania and uses 18 G90 and one G87 Gamesa wind turbines rated at 2 MW each. Delmarva Power and Light Co., a unit of PHI, will purchase the output under a 20-year power purchase agreement.

The deal is expected to close by the end of 2011.

Read more mergers and acquisitions news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...