nbridge Inc. joins forces with EDF Renewables for Fox Squirrel solar project

Enbridge Inc. commits to a 577MW solar project in Ohio, in partnership with EDF Renewables, to supply 118,000 homes with renewable energy.

Share:

Énergie solaire avenir renouvelable

In an era when energy transition is becoming crucial, Enbridge Inc. a major player in the energy sector, takes a giant step forward in partnership with EDF Renewables. The Fox Squirrel project, located in Madison County, Ohio, marks a turning point in renewable energy production in the United States. The initiative calls for the construction of a ground-mounted solar facility, promising to deliver up to 577MW of renewable energy by the end of 2024.

Financial implications and strategic agreements

The first phase of the project, to be completed by the end of the year, aims to generate around 150MW of solar energy. With an initial investment of US$149 million by Enbridge, the project illustrates the company’s commitment to the energy transition. The project will be carried out in three phases, each of which will boost production capacity.

Local Impact and Community Benefits

The Fox Squirrel solar project is more than just a renewable energy project. It symbolizes a strategic shift for Enbridge, known for its activities in conventional energy infrastructure. However, this partnership with EDF Renewables is not only an expansion of Enbridge’s renewable energy operations, but also a consolidation of their strategic relationship.

Enbridge’s commitment to the Energy Transition

Matthew Akman, Executive Vice President of Corporate Strategy and President of Enbridge’s Energy Sector, emphasizes the positive impact of the project. Not only does it promise to provide clean energy to around 118,000 homes in Ohio, it also helps create local jobs and increase tax revenues for Madison County.

Enbridge’s contribution to the energy transition is not limited to the Fox Squirrel project. Indeed, the company has a rich history of over a century in conventional energy infrastructure and two decades of experience in renewable energy. It is also committed to the development of new technologies, including hydrogen, renewable natural gas and carbon capture and storage.

Enbridge’s Fox Squirrel project in partnership with EDF Renewables represents an important milestone in North America’s energy transition. By offering clean, sustainable energy to thousands of homes, while contributing to local economic development, this project embodies the synergy between innovation, social responsibility and environmental commitment. It lays the foundations for a more sustainable energy future and shows the way forward for traditional energy companies.

EDF announces a new internal organization with key executive appointments to enhance decision-making efficiency and expedite the revival of nuclear and hydroelectric projects central to its industrial strategy.
Rubis announces half-year results of its liquidity agreement managed by Exane BNP Paribas, totalling 241,328 shares exchanged for an aggregate amount of €6.5mn in the first half of 2025.
Chinese oil giant CNOOC Limited appoints Zhang Chuanjiang as chairman, entrusting this experienced engineer to head the group's board of directors, strategic committee, and sustainability committee from July 8.
PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.
Shell revises downward its forecasts for the second quarter of 2025, anticipating notably a decline in Integrated Gas and Upstream segments, impacted by reduced volumes and lower profitability in several major activities.
The Luxembourg-based group will handle engineering, procurement, commissioning and installation of flexible pipelines and umbilicals to link a new field to Egypt’s existing offshore infrastructure, with offshore work scheduled for 2026.
British firm Octopus Energy is considering a £10 billion spin-off of Kraken Technologies, involving an upcoming minority stake sale, and has initiated preliminary discussions with banks to oversee the strategic operation within the next year.
Investment fund Ardian finalises its takeover of Akuo and appoints former Électricité de France executive Bruno Bensasson to steer the renewable-energy developer’s growth towards five gigawatts of installed capacity by 2030.
TotalEnergies acquires 50% of AES' renewable portfolio in the Dominican Republic following a previous purchase of 30% of similar assets in Puerto Rico, consolidating 1.5 GW of solar, wind, and battery storage capacities in the Caribbean.
TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.
Q ENERGY France secures a bank financing of €109 million arranged by BPCE Energeco to build four new energy production facilities, totalling 55 MW of wind and solar capacity by the end of 2024.
Shell announces amendment of two annual reports after notification by Ernst & Young of non-compliance with SEC auditor partner rotation rules; however, financial statements remain unchanged.
The Financial Superintendency of Colombia approves an amendment to Ecopetrol’s local bonds and commercial paper program, enabling issuance of sustainable, indexed, or in-kind repayable instruments.
ABO Energy is selling its subsidiary ABO Energy Hellas and an energy project portfolio of approximately 1.5 gigawatts to HELLENiQ ENERGY Holdings, thus refocusing its strategic resources towards other markets, notably Germany, without major financial impact anticipated for 2025.
Iberdrola announces a supplementary dividend of €0.409 per share for 2024 under the "Iberdrola Retribución Flexible" programme, bringing the total annual remuneration to €0.645 per share, representing a year-on-year increase of 15.6%.
BHP has signed contracts with COSCO Shipping to charter two ammonia-powered Newcastlemax bulk carriers, primarily for transporting iron ore between Western Australia and Northeast Asia starting from 2028.
CBAK Energy and Anker Innovations jointly launch a battery cell manufacturing facility in Malaysia, with a commercial potential estimated at $357 million, further strengthening their strategic partnership in the lithium-ion battery sector.
German energy group Badenova plans to invest $4.64 billion in its energy networks and capacity by 2050, including $232 million committed from 2025, according to the company's recently published annual financial results.
ORIX announces the sale of the majority of its stake in Greenko to AM Green Power and commits a new USD 731mn investment in the Luxembourg-based AMG holding, confirming its strategic repositioning in next-generation energy.
Invenergy seals four further contracts with Meta to supply nearly eight hundred megawatts of solar and wind power to the group’s data centres, lifting total cooperation between the two companies to one point eight gigawatts.