Home Energy Stamford’s Castleton Commodities Intl. acquires West Virginia wind farm

Stamford’s Castleton Commodities Intl. acquires West Virginia wind farm

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Photo courtesy Virginians for Responsible Energy.

Stamford energy commodity merchant Castleton Commodities International LLC has completed the acquisition of NedPower Mt. Storm LLC through one of its subsidiaries. CCI had closed on a 50% ownership stake in Mt. Storm in June.

Mt. Storm is a 264 MW wind farm located in Grant County, West Virginia, approximately 120 miles west of Washington, D.C. The renewable energy generated at the facility is sold into the PJM Interconnection market that coordinates the movement of wholesale electricity in 13 states and the District of Columbia.

CCI, which also owns the 150 MW Sherbino I Wind Farm LLC in Texas, has 13 power generation assets totaling approximately 3,800 MW across the U.S. and Europe in its portfolio.

“This is CCI’s second wind farm acquisition this year,” noted Chase Horine, vice president in CCI’s U.S. power principal investments team. “CCI has a proven track record of acquiring and optimizing power assets in Europe and North America. Mt. Storm is a high-quality asset that diversifies the portfolio and highlights CCI’s expanding renewable footprint.”

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release "Moby Dick: The Radio Play" and the upcoming "Jesus Christ Movie Star," both published by BearManor Media). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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