Announced
Financials
Sources
Tags
Alternative Fuels
Cross Border
Private
Single Bidder
Majority
Friendly
Pending
Spain
Private Equity
Acquisition
onshore wind
Synopsis
China Three Gorges, a clean energy group in China, agreed to acquire Windrose Renewables, an onshore wind portfolio representing over 330 MW located in Spain, from Korys, Exus, Masaveu, Boreas and Otira. Financial terms were not disclosed. The deal confirms the attractiveness of the Spanish energy market, the quality of the underlying assets and the consistency of the current Spanish legal framework.
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