Good Energies has announced the completion of the sale of its stake in EverPower Wind Holdings, Inc. to Terra Firma Capital Partners.
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Terra Firma intends to invest US$ 350 million to continue to develop the pipeline.? Established in 2002, EverPower is a wind developer that owns an operational 62 megawatt project in Pennsylvania and is currently developing 800 megawatts of near-term projects in seven states. The Company has a total pipeline of more than 3,500 megawatts. EverPower seeks to identify or acquire development opportunities in the Northeastern, Pacific Northwest, and Mid-Atlantic Regions of the United States and in other select locations where EverPower has a strategic reason for pursuing project opportunities.