Element Power, a Portland, Ore.-based renewable energy developer backed by Hudson Clean Energy Partners, has acquired a 1,400 megawatt-project pipeline from EcoEnergy, a wind developer headquartered outside Chicago, in Elgin, Ill.
Over the past year Element Power has grown its renewable energy portfolio to 25 gigawatts, buying solar and wind projects across 25 states, the company said in a release issued yesterday.
Element Power and EcoEnergy did not disclose which projects were included in this transaction.
The EcoPower Website lists a string of wind projects in the upper Midwest region that are either in construction or in development. They are: the 200 megawatts EcoHarmony West wind farm in Minnesota’s Fillmore County; the 200 megawatts EcoPoint facility near Peoria, Ill; and the 200 megawatts expansion of the EcoHarmony West project, dubbed EcoHarmony East, which EcoPower lists as being in “early development.”
Last year New Jersey-based Hudson Clean Energy Partners closed its debut fund, Hudson Clean Energy Partners, L.P., securing $1.024 billion in capital commitments, slightly above the $1 billion it initially set out to raise.
Image: G Heyde, Flickr