Announced
Synopsis
Starwood Energy Group Global, a private investment firm focused on energy infrastructure, agreed to acquire a 252MW portfolio of operating renewable assets from Consolidated Edison, a provider of energy-related products and services. Financial terms were not disclosed. "Our relationship with ConEd goes back many years across many different verticals, and we're excited to build on that foundation with this transaction and our continued partnership. These projects add geographic and resource diversity to our existing renewables platform, in addition to significant opportunities for future growth and optimization," Alex Daberko, Starwood Energy Managing Director.
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