EDF Sells 50% Interest in Minnesota Wind Farm to Marubeni
EDF Renewable Energy, a U.S. unit of French utility Electricite de France SA, said Japanese trading company Marubeni Corp. (8002) bought a 50 percent interest in its Lakefield wind farm in the Midwest U.S.
The 205.5-megawatt facility in Jackson County, Minnesota, began producing electricity in 2011, and Indianapolis Power & Light Co. buys its output under a 20-year power purchase agreement, EDF Renewable Energy said today in a statement. Terms of the investment weren’t disclosed.
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