Bloomberg News

BlackRock, Eurus Energy Acquire Stake in EDF’s Kansas Wind Farm

January 16, 2013

Japan’s Eurus Energy Holdings Corp. and a clean energy fund managed by BlackRock Inc. (BLK:US), the world’s largest asset manager, acquired a 40 percent stake each in a U.S. wind farm built by EDF Renewable Energy.

EDF Renewable, the U.S. unit of Electricite de France SA, will own the remaining 20 percent in the Spearville 3 Wind Project in Kansas, the company and Eurus said in a joint statement yesterday.

The 101-megawatt site has been in operation since October, according to the statement. Financial terms weren’t disclosed.

Eurus Energy is a developer of clean energy projects owned by Toyota Tsusho Corp. (8015) and Tokyo Electric Power Co. (9501)

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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