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New Jersey Resources sells remaining wind portfolio for $208.5M

Nov. 21, 2018 5:05 PM ETNew Jersey Resources Corporation (NJR) StockBy: Carl Surran, SA News Editor
  • New Jersey Resources (NYSE:NJR) says its NJR Clean Energy Ventures subsidiary agrees to sell its remaining wind portfolio, consisting of four wind farms, to Skyline Renewables for $208.5M.
  • The sale completes the sale of all VEV's operating wind farms after selling a wind farm for $18.5M earlier this year.
  • NJR says clean energy remains an integral part of its business and will continue to invest in clean energy projects that will position the company for long-term growth.

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