Announced
Financials
Sources
Tags
Private
Renewable Energy Equipment
Single Bidder
Spain
Majority
Friendly
Acquisition
Pending
Cross Border
renewable assets
Synopsis
China Three Gorges, a Chinese state-owned power company, agreed to acquire renewable assets portfolio from Corporacion Masaveu, a family-owned business group. Portfolio consists of 400 megawatts of operational plants including 11 wind farms and one solar plant. Financial terms were not disclosed. The deal is expected to be concluded by the end of Q2 2021.
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