RWE to sell its stake in Texan wind farms
The company has signed an agreement to sell Algonquin a 51% stake in four of its offshore wind facilities in Texas, US.
The company has signed an agreement to sell Algonquin a 51% stake in four of its offshore wind facilities in Texas, US.
The company recently helped infrastructure fund managers to achieve a validated performance uptick of more than 25 GWh/y across 1260 MW of wind farms in the US.
The 15-year Contract-for-Difference was awarded at a Polish renewable energy auction, and will see EDPR selling electricity that has been produced by wind and solar energy.
This new project is a combined solar power and battery storage facility, with a total generating capacity of over 1 MW. Installation has begun in Perth, Scotland.