to-the-point: Apex sells to Algonquin 202-MW wind project in Illinois
Wind turbines in Illinois, USA. Author: Tom. License: Creative Commons. Attribution 2.0 Generic.
Apex Clean Energy has unloaded a 202-MW wind project in Illinois to a unit of Canadian renewable energy company Algonquin Power & Utilities (TSX:AQN) for an undisclosed amount.
The seller said on Friday that Sugar Creek is an advanced-stage project without providing specific details about the deal.
The particular wind park will be located in Logan County, in the central part of Illinois. It has in place a long-term contract with the Illinois Power Agency for supplying renewable energy certificates to utilities in the state. The deal was signed this autumn.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.