Goldwind sells wind power assets in Montana
Goldwind, a global player in the provision of wind power, is selling its portfolio in Montana as part of long-term divestment plans, but will provide ongoing maintenance
Chinese wind turbine manufacturer and project developer Goldwind is selling its 20MW Musselshell wind portfolio in Montana.
Goldwind International, headquartered in Beijing, is the parent company of Goldwind Americas and a wholly-owned subsidiary of Xinjiang Goldwind Science & Technology Co. The latter is listed on the Shenzhen and Hong Kong stock exchanges.
“As part of our expansion and commercialization strategy in North America, Goldwind expanded its pipeline of projects in the US, and when the time was right, our plan was to divest our interests in those projects to strategic buyers,” says Saad Qais, chief financial officer for Goldwind Americas.
The agreement was signed on May 29. The buyer is Potentia Renewables Inc, a Toronto-based developer, owner, and operator of renewable energy assets. Potentia now has over 850 MW of operating, under construction and long-term contracted wind and solar assets in Canada, the United States and the Caribbean.
Under the terms of the deal with Potentia Renewables, Goldwind will continue to provide the projects with long-term maintenance services as well as a warranty package designed to support the project’s operations. Goldwind has over 50 GW of installed wind power capacity worldwide, and about 32,000 wind turbine units running in 24 countries on six continents.
The Musselshell Wind Projects feature a combined total of 14 Goldwind 87/1.5MW permanent magnet direct-drive turbines, and are both located in Wheatland County, Montana.
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