Announced
Completed
Synopsis
Elemental Energy, a developer, investor and operator of renewable energy projects, completed the acquisition of Enel GP Newfoundland and Labrador, which owns and operates 27 megawatts St. Lawrence wind farm, from EGPN REP, a renewable subsidiary of Enel, an Italian multinational energy company. Financial terms were not disclosed. “The addition of the St. Lawrence Wind Farm represents a great milestone for Elemental as we grow our wind business and operating portfolio in Atlantic Canada. We look forward to building relationships in the local community at St. Lawrence, as we have done at Fermeuse. We are proud to play a role in delivering clean and affordable renewable energy to the people and communities of Newfoundland and Labrador now and in the future," Jamie Houssian, Elemental Energy Principal.
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