German utility Innogy has signed an agreement to buy all shares in the US onshore wind development business of EverPower, currently owned by UK private-equity investor Terra Firma Capital Partners.
Innogy's acquisition – which still needs approval from the US government and is expected to close in the second quarter of 2018 – will make it the sole owner of more than 2GW of onshore wind projects in various stages of development across the US.
