The owner of Danish toy and entertainment giant LEGO has bought itself a US solar power project developer.

Holding company KIRKBI, which also makes selected investments for LEGO’s founding family, has acquired the majority stake of Enerparc U.S., a subsidiary of Germany’s Enerparc. KIRKBI has interests in multiple offshore wind assets, real estate and an array of other companies.

While corporate interest in solar has surged, especially in the US, engagements usually a little more hands off. Most are procuring electricity from solar projects under long term power purchase agreements (PPA) that provide certainty on cost that brings its own value.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

Former coal-fired power plant in Ontario becomes solar facility

Previous article

New thermal battery could be a ‘Game Changer’ for storing renewable energy

Next article

Comments

Comments are closed.