With FERC’s approval, the transaction will now close.
Enel Green Power North America will then own 75% of the “Class A” interests in the company operating the wind farm, while the GE Capital subsidiary will remain as a passive investor with a 25% stake.
Buffalo Dunes began full commercial operation last December. It exports 202MW of its nameplate capacity under long-term contract to Alabama Power, a subsidiary of Southern Company.
Governor
