John Laing Group is to acquire the majority equity interests in the partnership that controls the 149MW Rocksprings wind farm in Texas from Akuo Energy for $85m (€72m).
The project, which is John Laing Group’s third investment in the US, is located in Val Verde County.
It has power purchase agreements with “two investment grade corporate off-takers”, the company said.
John Laing chief executive Olivier Brousse said: “It has been an active year so far for investments and we are pleased to have already delivered our guidance of £200m of investment commitments in 2017.”
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