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US Wind

Company Summary

Description

US Wind, based in Baltimore, Maryland, was founded in 2011 and has established a leadership position in offshore wind energy development. US Wind is fully owned by Renexia S.p.A., a leader in renewable energy development in Italy and a subsidiary of Toto Holding Group. Toto Holding Group has more than 40 years of experience specializing in large infrastructure construction projects, rail transportation and aviation.

Related Entities

Recent news

  • 12/20/2018 - US Wind Expecting... (subscriber access)
  • 12/20/2018 - US Wind Selling NJ... (subscriber access)

Company Transactions

Date: 12/20/2018
Type: Acquisition

BUYERS:
  • EDF Renewable Energy
    • SELLERS:
  • US Wind
    • DETAILS:

    COST: 215 $MM

    NOTES:
    US Wind, a subsidiary of Italian Toto Holding Group, is selling its New Jersey Wind Energy Area Lease to EDF Renewables for $215 million. The lease covers 750 square kilometers in the area.
    REGIONS:
  • U.S. Offshore Atlantic