Announced
Financials
Sources
Tags
Single Bidder
Friendly
Acquisition
Private
Portugal
wind farms
Renewable Energy Equipment
Majority
Pending
Domestic
renewable energy
Synopsis
Finerge, a green energy supplier in Matosinhos, Portugal, agreed to acquire WTG Group, a renewable energy firm. Financial terms were not disclosed. "It is another step in pursuing our strategic objectives and consolidating our presence in Portugal. This 4.2 MW turbine is one of the largest installed in the country and signals our commitment to using cutting-edge technology to contribute to achieving the PNEC targets, with the least possible environmental impact," Pedro Norton, Finerge CEO.
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