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Veolia Environnement acquires wind energy specialist Ridgeline Energy
(01/10/2008)

Veolia Environnement has acquired the US company Ridgeline Energy, a specialist in the development of wind energy projects. The acquisition, for a total amount of $72 million (€48.6 million), includes 100% of the company’s share capital and may give rise to an additional sum for 1,500 MW of capacity that is ready to be built. The transaction has been approved by the US Federal Energy Regulatory Commission (FERC). Ridgeline Energy was set up... [more]

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