UPDATE 1-Enel Green Power to sell stake in N. America assets for $440 mln

March 31, 2015 6:19 PM

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MILAN, March 31 (Reuters) - Italy's Enel Green Power has agreed to sell a 49 percent stake in a newly created company holding its North American renewable energy assets to GE Energy Financial Services for around $440 million in a bid to fund growth.

The new company, EGPNA Renewable Energy Partners LLC, includes a 560 megawatt (MW) portfolio of wind, geothermal, hydropower and solar generation assets in operation as well as a 200 MW wind farm currently under construction, Enel Green Power said in a statement on Tuesday. All assets are based in N...

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