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EGCO Acquires 49% of Maine's Downeast Wind Farm

6/20/2025

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Summary

Story summary

EGCO Group has made a significant move by acquiring a 49% stake in the 126 MW Downeast Wind farm in Maine, which began operations on April 2, 2025. This investment not only bolsters Maine's renewable energy ambitions but also aligns with EGCO's goal of achieving 30% renewable capacity by 2030, powering over 37,000 households with clean energy each year.

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Story summary

EGCO Group has made a significant move by acquiring a 49% stake in the 126 MW Downeast Wind farm in Maine, which began operations on April 2, 2025. This investment not only bolsters Maine's renewable energy ambitions but also aligns with EGCO's goal of achieving 30% renewable capacity by 2030, powering over 37,000 households with clean energy each year.