Portland, Ore., February 9, 2010 — Element Power recently acquired a 1.4 GW portfolio of wind development assets from EcoEnergy, for an undisclosed price.
Over the last year private equity-backed Element Power has built a North American portfolio of nearly 4 GW of wind and solar power assets, covering more than 25 states in the U.S.
In addition, Element Power has an industry-leading portfolio of operating and development-stage wind and solar assets located across Europe and South America.
Element Power is a renewable energy company backed by Hudson Clean Energy Partners, a private equity fund that invests in clean energy.
Element Power’s North American team consists of industry professionals and covers all aspects of the business from resource assessment and development through origination, financing and construction.