Plan to build New England's largest wind farm moving forward AUGUSTA, Maine- A Texas company is pushing forward with an effort to build a massive wind power project in Aroostook County that would be the largest of its kind in New England. EDP Renewables, which recently submitted its application to the Maine Department of Environmental Protection, needs to get the green light from the state before it can begin building the...
Source: The Associated Press
| By: By ALANNA DURKIN, Associated Press
US STOCKS-Wall St set to rise as earnings cheer investors *Vivint Solar soars after SunEdison deal. Tech earnings will continue to be in focus this week with IBM reporting after the close on Monday and other big tech giants such as Apple, Yahoo and Microsoft expected to report later this week. "If things stay quiet on the Greece and China front, it will be good for the market to focus on earnings, which should be driving the...
| By: Tanya Agrawal
UPDATE 1-TerraForm to buy wind farms in North America for $2 bln July 6- TerraForm Power Inc, a unit of SunEdison Inc, said it would buy 930 megawatt of wind farms in the United States and Canada from Invenergy Wind LLC for $2 billion. TerraForm's shares rose 3.5 percent to $38.86 in extended trading, while SunEdison's shares rose 3.2 percent to $29.90. The remaining 470 MW will be acquired by a new warehouse facility sponsored by...
SunEdison unit TerraForm to buy wind power plants for $2 bln July 6- TerraForm Power Inc, a unit of SunEdison Inc, said it would buy 930 megawatt of wind power plants from Invenergy Wind LLC for $2 billion. Under the deal, TerraForm will acquire seven contracted wind farms in the United States and Canada, the company said on Monday. The deal is expected to close in the fourth quarter.