EGP NA and Gulf Pacific Power Swap Agreement

By Global Infrastructure Sherpa · Feb 23, 2026

Swap Wind announced US Feb 23, 2026

285 MW

Capacity

operating

Stage

EGP NA and Gulf Pacific Power entered into a swap agreement for 285 MW of additional consolidated capacity.

Deal Analysis

EGP NA and Gulf Pacific Power's swap agreement for 285 MW of wind capacity in the US represents a strategic realignment of renewable energy assets. While the financial terms remain undisclosed, the deal signifies a consolidation of wind power resources between the two entities. The involvement of Enel X Way, a prominent player in electric mobility and EV charging infrastructure, suggests a potential synergy between wind energy generation and the growing demand for electricity to power electric vehicles. This swap agreement allows both EGP NA and Gulf Pacific Power to optimize their portfolios, potentially focusing on specific geographic regions or project types, and could lead to increased efficiency and economies of scale in their wind energy operations.

Swap agreement for 285 MW of wind capacity in the US.
Involves EGP NA and Gulf Pacific Power, two key players in the energy sector.
Enel X Way's involvement suggests a link to the electric vehicle charging infrastructure market.
Financial terms of the deal are not disclosed.

Market Context: The US wind energy market is a mature and competitive sector, attracting significant investment and experiencing continued growth driven by government incentives and increasing demand for renewable energy sources. Swap agreements like this one are a common mechanism for companies to optimize their asset portfolios and manage risk within the energy market.