Exus North America has acquired a 306-megawatt wind portfolio in Pennsylvania. The portfolio comprises four operational wind farms, including the Highland North, Twin Ridges and Patton wind farms, totaling 244 megawatts, acquired from Vitol, and the 62-megawatt Cambria wind farm, acquired from Oppidum Green Energy. Three of the wind farms are set to undergo repowerings from 2024–2027. Vitol will provide the tax equity financing for the wind repowerings.
This strategic acquisition aligns with Exus’s accelerated evolution from asset manager to renewable independent power producer (IPP).
“Pennsylvania’s natural wind resource coupled with a growing demand for renewables in the state make it an ideal location for us to further our ambitions of advancing highly productive renewable-energy solutions in North America,” said Jim Spencer, president and CEO of Exus North America. “This acquisition underscores our dedication to intelligently expanding our renewables foo