EDF Renewable Energy Acquires OwnEnergy

EDF_RE_LogoSan Diego, CA-based EDF Renewable Energy (EDF RE) closed the acquisition of OwnEnergy, Inc., a Brooklyn, New York-based national developer of mid-sized wind projects.

The amount of the transaction was not disclosed.

Founded in 2007 and led by Jacob Susman, CEO, OwnEnergy has created a platform for local clean energy entrepreneurs to lead the development of renewable energy projects. Today, the company’s 20-person team has a development track record with eight wind projects either in a construction or operating phase, which represent 329 megawatts (MW) of developed wind energy assets sold to third parties. In addition, the company has built a portfolio of development assets through their innovative local partner business model.

Led by Tristan Grimbert, CEO and President, EDF RE is one of the largest renewable energy developers in North America with 6 gigawatts (GW) of wind, solar, biomass, biogas, and storage projects developed and an installed capacity of 3.2 GW.




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