Falck, Eni full purchase of 222-MW wind, solar portfolio in United States

• The North American joint venture (JV) between Falck Renewables SpA (BIT: FKR) and also oil-and-gas significant Eni SpA (BIT: ENI) has actually shut the acquisition of an about 222-MW wind and solar portfolio in the United States.

Via Novis Renewables Holdings LLC, the companions paid USD 32.5 million (EUR 27.3 m) to Italian company Building Energy SpA, getting its system Building Energy Holdings US LLC (BEHUS), Falck claimed today.

BEHUS holds some 62 MW of running wind and solar parks, along with an up to 160 MW wind project pipe and an advancement as well as procedures team.

Especially, the BEHUS portfolio consists of five solar parks with 31.59 MW in overall as well as a 30-MW wind farm in Iowa, all with power purchase contracts (PPAs), and two 80-MW wind projects in advancement, Falck previously stated.

Possessed 51/49 by Falck Renewables North America Inc as well as Eni New Energy US LLC, specifically, Novis presently operates 175 MW of solar as well as wind parks, a 6.6-MWh battery system and also has a 30-MW solar park incomplete in the US.

Falck Renewables and Eni have a strategy to collectively develop at least 1 GW of onshore wind, solar and also energy storage space projects in the US by end-2023.