Deal Snapshot
WEC Energy Group to Acquire 85% Ownership in South Dakota Tatanka Ridge Wind Farm
Friday 31 July 2020

Wisconsin, US-based WEC Energy Group (NYSE: WEC) has agreed to acquire an 85% ownership interest in Tatanka Ridge Wind Farm, a 56 wind turbine wind farm with a capacity of 155mw, currently under construction in Deuel County, South Dakota, the company said.

WEC Energy Group's investment is expected to total USD 235m for the 85% ownership interest and substantially all of the tax benefits. The project is being developed by Avangrid Renewables, LLC, with commercial operation expected to begin by early 2021.

Date Published: 31/07/2020