CALGARY - Suncor Energy Inc. says it is selling its wind and solar assets to Canadian Utilities Limited for $730 million. The move follows Suncor’s announcement last April that was divesting its wind and solar assets to focus on areas of energy expansion, including hydrogen and renewable fuels. He says Suncor will also be investing in hydrogen and low-carbon fuels and accelerating commercial-scale deployment of carbon capture technology. Suncor says the sale includes its interest in Magrath, Chin Chute and Adelaide wind farms, as well as Forty Mile wind farm. This report by The Canadian Press was first published Oct. 5, 2022Companies in this story: (TSX:SU)Read more about:SHARE:

Source: The Star October 06, 2022 02:02 UTC