M&AAnnouncedFebruary 23, 2026

Portfolio of operating wind and solar plants in the US

Enel acquires 830 MW operating wind+solar portfolio generating ~2.1 TWh/yr. Brings Enel's North American renewables capacity to ~13 GW.

$1.00B

Deal Value

830MW

Capacity

Hybrid

Technology

Multi-state

Location

Deal Details

Deal Type
Project M&A
Seller / Sponsor
Excelsior Energy Capital
Buyer / Financier
Enel SpA
Deal Value
~$1B ($1.3B enterprise value for 100%)
Stage
Operating
ISO/RTO
Multiple

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