EnerTech's OwnEnergy acquired by EDF Renewable Energy
EDF Renewable Energy has bought OwnEnergy Inc, a wind energy developer headquartered in Brooklyn, New York. The financial details of the transaction were not disclosed. EDF, a U.S. independent power producer, said the deal will provide it with talent and resources to help expand development opportunities. Founded in 2005, OwnEnergy has grown a pipeline of 29 locally-supported wind farm partnerships across the United States. It has been backed by several venture capital firms and other investors. They include EnerTech Capital, an energy and power-focused investor with offices in Toronto, Calgary, Montréal, Philadelphia and Menlo Park.
26 August 2015•4 mins read
