E.ON sells half shares of US wind farms to PensionDanmark

The wind farms are the 180MW Papalote Creek I wind farm and the 200MW Papalote Creek II wind farms in Texas, and the 53MW Stony Creek wind farm in Pennsylvania.

E.ON will be responsible for the day-to-day operation of the wind farms, which have power purchase agreements for 90% of their energy output for another 15 years. The final transaction remains subject to regulatory approval.

The