Enel Acquires 830MW Wind and Solar Portfolio in the USA from Excelsior Energy Capital for ~$1 Billion
Enel, through its subsidiaries Enel Green Power North America and EGPNA Project Holdco 2, has signed agreements to acquire an 830 MW portfolio of operational wind and solar plants in the United States from Excelsior Energy Capital for approximately $1 billion USD (€850 million). The deal is expected to generate around €125 million per year in additional EBITDA and will bring Enel's North American renewable capacity to approximately 13 GW. Closing is anticipated in Q3 2026.
Transaction date: · Source: enel.com
Key facts
- Transaction date
- Technology
- Onshore Wind, Solar PV
- Capacity
- 830 MW
- Transaction price
- 850 million (currency as reported in the source)
- Buyer
- Enel Green Power
- Seller
- Excelsior Energy Capital
- Country
- United States
- Continent
- North America
- Development status
- Operational
- PPA
- n.a.
Technology details
Portfolio of operational wind and solar plants with a total installed capacity of 830 MW and an expected average output of approximately 2.1 TWh per year.
Additional information
Total consideration of approximately $1 billion USD (approx. €850 million). Following closing, Enel Group expects to reach approximately 13 GW of installed renewable capacity in North America. Closing expected in Q3 2026.
Source
Original announcement: https://www.enel.com/media/explore/search-press-releases/press/2026/02/enel-signed-agreements-for-the-acquisition-of-an-830-mw-portfolio-of-wind-and-solar-plants-in-usa