Wednesday, December 21, 2022

EDF Renewables North America Inks Renewable Energy Investment From Munich Re

San Diego-based renewable energy developer EDF Renewables North America said on Wednesday that the company has closed on a strategic investment, where Munich Re will acquire a 50 percent stage in two, renewable energy projects in California. According to the company, the projects include a total of 310 megawatts (MWdc) of solar and 50 MW / 200 MWh of battery storage. Financial details of the investment were not announced. The renewable energy projects will be built in Riverside County, California.