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Enbridge Cleared by U.S. to Sell Stakes in 300-Megawatts of Renewable Power to Canadian Pension Board

The Federal Energy Regulatory Commission on July 20 authorized a subsidiary of the Canada Pension Plan Investment Board to acquire a 49-percent stake in Cedar Point Wind LLC and Silver State Solar Power North LLC from Enbridge Holdings (Power) LLC. Cedar Point owns a 252-megawatt wind farm in Colorado, while Silver State owns a 52-megawatt solar farm in Nevada. Alberta-based Enbridge Inc. is one of the world’s largest gas and oil pipeline operators. The Canada Pension Plan Investment Board, based in Toronto, is an investment manager.

July 20, 2018
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