RWE Clean Energy Acquires 599 MW of Solar and Storage Projects from Galehead Development
May 20, 2024
RWE Clean Energy acquired three development-stage renewable energy projects totaling 599 MW (solar and battery storage capacity) from Galehead Development, LLC. The assets — Cedar Ridge (Idaho, solar + storage), Remington (Oregon, standalone BESS) and Champlain (New York, solar) — expand RWE's footprint in the Pacific Northwest and New York and add development-stage capacity to its U.S. pipeline.
- Buyers
- RWE Clean Energy
- Targets
- Cedar Ridge (solar + storage project), Remington (BESS project), Champlain (solar project)
- Sellers
- Galehead Development, LLC
- Industry
- Renewable Energy
- Location
- United States
- Transaction Type
- Divestiture
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