French entry into American market

摘要

French conglomerate Veolia En-vironnement, partrnowner of windrnproject developer Eolfi in France, entered the US wind market last month by buying Ridgeline Energy, a wind developer based in Seattle, for $72 million. Ridgeline, established in 2001, has completed one project to date, the 65 MW Wolverine Creek wind farm near Idaho Falls, but hopes to build out faster with Veolia backing. Wolverine Creek came online in December 2005 and was sold to Invenergy, an independent wind power operator based in Chicago.rnRidgeline is seeking additional county approval for its 450 MW Goshen South Wind Farm, another Idaho project, after local landowners appealed the county's initial decision. Ridgeline is also working on late-stage developments in Wyoming, Nevada, Oregon and Washington and plans to bring nearly 2000 MW online by 2012.