EGCO buys 49% stake in 339 MW U.S. Pinnacle IV wind, solar portfolio

Bitget2026/09/28 01:34

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EGCO closed its acquisition of a 49% membership interest in the U.S. 339 MW Pinnacle IV wind and solar portfolio.
Transaction completed on Sept. 25, 2026 via subsidiary EGCO Pinnacle IV; partner Apex Clean Energy retains 51%.
Portfolio includes the 189 MW Timbermill Wind project in North Carolina, 150 MW Coldwater Solar project in Michigan.
EGCO expects immediate cash flow and profit contribution from commercial operations, supported by long-term offtake arrangements.
Deal lifts EGCO’s renewable capacity to 1,785 MW, representing 26% of total equity capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EGCO - Electricity Generating pcl published the original content used to generate this news brief on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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EGCO buys 49% stake in 339 MW U.S. Pinnacle IV wind, solar portfolio

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