EDF buys US wind energy developer

EDF’s renewable arm has bought a wind power developer in the US. It now owns 100% of OwnEnergy’s assets, which includes its pipeline of future wind projects. The US company […]

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By Priyanka Shrestha

EDF’s renewable arm has bought a wind power developer in the US.

It now owns 100% of OwnEnergy’s assets, which includes its pipeline of future wind projects.

The US company currently has eight wind energy projects either in the construction or operating phase. They have a total capacity of 329MW.

Tristan Grimbert, CEO and President of EDF Renewable Energy said: “OwnEnergy’s business model taps into the entrepreneurial spirit of farmers, ranchers and other community leaders across the country with a focus on the mid-size market of off-takers. Their community partner approach will continue under the EDF Renewable Energy brand.”

EDF has so far developed 6GW of wind, solar, biomass and storage projects in North America.