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EDF Renewable closes sale of 50% stake in Kan. wind farm
Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally
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EDF RenewableEnergy sold a 50% stake in the 150-MW wind facility inKansas to a consortium led by Axium Infrastructure.
Axium paid more than $10 million to the 50% class Bmembership stake in the wind project in Sumner and Cowley counties.
Slate Creek sells power to subsidiaryKansas City Power & LightCo. under a long-term contract.
FERC cleared the transaction Aug. 8 and the deal was closedOct. 5. (EC16-139)
EDF Renewable is a subsidiary of , which is therenewables arm of EDFGroup.