Active allocation: A world of ideas
Our Ivy Live panelists discuss the evolving investment landscape, including the recent U.S.-China trade escalation, and ideas to help guide allocation decisions.
CNBC reports that Enel, an Italian manufacturer and distributor of electricity and gas, has started operations at the 185-megawatt HillTopper wind farm in Illinois via its U.S. renewable business Enel Green Power North America.
Through power purchase agreements, the facility will sell power to Bloomberg LP, General Motors and Constellation, an Exelon business. Power produced from a 17-megawatt (MW) section of the site will be sold to Bloomberg. Energy from a 100 MW section will be bought by General Motors.
This power will provide GM’s manufacturing facilities in Indiana and Ohio with 100% renewable electricity, according to Enel.
“Through this first project in Illinois, we are helping our customers meet their clean energy goals with competitive solutions that adapt to their power needs and business objectives,” said Antonio Cammisecra, the CEO of Enel Green Power. (Source: CNBC)
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