Ontario Teachers’-owned BluEarth buys U.S. wind facilities
The U.S. affiliate of BluEarth Renewables LP has acquired a majority interest in two operating wind facilities in Meeker County, Minnesota. The company bought an 80 percent stake in Adams Wind Generations LLC and Danielson Wind Farms LLC, the respective owners of the 19.8 megawatts Adams Wind Farm and the 19.8 megawatts Danielson Wind Farm. No financial terms were released. The remaining interest is held by local partners. BluEarth, a Calgary-based renewable power producer, said the deal marks its first wind investment in the United States. BluEarth is majority owned by Ontario Teachers’ Pension Plan.
8 February 2018•3 mins read
