Marubeni Acquires 90% Stake in EDF’s California Wind Project

Marubeni Corp. (8002), a Japanese trading company, acquired a 90 percent stake in a Solano County, California, wind project from EDF Renewable Energy.

EDF, a unit of French utility Electricite de France SA, will hold the remaining 10 percent of the 102.5-megawatt Shiloh IV wind farm, Tokyo-based Marubeni said in a statement today. Financial terms weren’t disclosed.

The wind farm became operational in December 2012, according to the statement.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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