SAN DIEGO, Calif. and AMARILLO, Texas (July 7, 2014): EDF Renewable Energy announced today that the 161-megawatt (MW) Spinning Spur II Wind Project in Texas has reached commercial operation (COD). The company further announced the close of structured equity financing from GE Energy Financial Services (NYSE: GE) and MUFG Union Bank, N.A. The completion of construction and COD milestone allows the closing of the sale of 50 percent of EDF Renewable Energy's equity interest in the project to UBS International Infrastructure Fund.
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Algorithms and Automation Will Give Us More Freedom and Control
Algorithms and Automation Will Give Us More Freedom and Control
Thermostats that automatically adjust the heating and cooling based on a home's occupancy. Cars that automatically brake to avoid collisions, like when a child runs into the street. Smartphones that alert users when it is time to leave for their next appointment based on current traffic.