The AES Corporation (AES) has announced the completion of the purchase of Valcour Wind Energy (Valcour) from global investment firm Carlyle.
The Valcour portfolio currently produces roughly 25% of the State of New York's wind power and includes:
- Three wind parks in Clinton County totaling 279 MW
- Two wind parks in Wyoming County totaling 227 MW
- One wind park in Franklin County totaling 106 MW
Cogentrix Energy, a Carlyle portfolio company, operated, maintained, and managed the portfolio since Carlyle's acquisition of Valcour in 2018. AES is assuming these responsibilities going forward.