Announced
Financials
Sources
Tags
France
Majority
Cross Border
onshore wind farms
Acquisition
wind farms
Private
Single Bidder
Renewable Energy Equipment
Pending
Friendly
Synopsis
Octopus Renewables, a renewable energy company, agreed to acquire two wind farms from Renewable Energy Systems, an energy firm. Financial terms were not disclosed. “This acquisition is yet another sizeable addition to our expanding portfolio of European assets. The 18MW Roche Quatre Rivières diversifies our existing set of French renewable energy assets into onshore wind and is just the beginning of our ambitious acquisition plans. This will be the third wind farm we have acquired from RES and it is a real pleasure to continue working alongside them," Alex Brierley, Octopus Energy Co-Head.
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