Greenwood Energy Closes on Purchase of 2MWp of Solar Projects in Delaware

NEW YORK: June 23, 2013 – Greenwood Energy, the North American clean energy division of the Libra Group, has completed the purchase of a total of approximately two megawatts (MWp) in capacity of solar projects to be located in Wilmington, Delaware.  The ‘Peninsula’ projects, each approximately 1MWp in size, were originally developed by Tangent Energy Solutions, Inc.  Already in construction and expected to reach commercial operation by October 2013, the projects will be constructed by Greenwood Energy’s joint venture partner Greenwood Biosar under an engineering, procurement and construction (EPC) contract.

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