BlackRock, Eurus Energy Acquire Stake in EDF’s Kansas Wind FarmChisaki Watanabe
Japan’s Eurus Energy Holdings Corp. and a clean energy fund managed by BlackRock Inc., the world’s largest asset manager, acquired a 40 percent stake each in a U.S. wind farm built by EDF Renewable Energy.
EDF Renewable, the U.S. unit of Electricite de France SA, will own the remaining 20 percent in the Spearville 3 Wind Project in Kansas, the company and Eurus said in a joint statement yesterday.
The 101-megawatt site has been in operation since October, according to the statement. Financial terms weren’t disclosed.
Eurus Energy is a developer of clean energy projects owned by Toyota Tsusho Corp. and Tokyo Electric Power Co.