Major Renewable Energy Developer EDF Expands into Community Wind, Acquires OwnEnergy

Sunedison acquired First Wind in November 2014 and today EDF is announcing that it has snapped up OwnEnergy, a national developer of mid-sized wind projects. The transaction encompasses 100 percent of OwnEnergy’s assets, including its pipeline of future wind projects.

Since its founding in 2007, OwnEnergy has demonstrated its acumen to build partnerships with individuals, companies and communities with one simple goal: to create a platform for local clean energy entrepreneurs to lead the development of renewable energy projects. Today, the 20-person team has eight wind projects either in a construction or operating phase, representing 329 megawatts (MW) of developed wind energy assets sold to third parties. In addition, the company has built a portfolio of development assets through their local partner business model.