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New Deal


Announced

Completed

China Three Gorges completed the acquisition of 181MW of wind energy from EDP Renewables for €307m.

Financials

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Transaction Value£262m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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wind farm

Spain

Single Bidder

Cross Border

Acquisition

Friendly

Majority

Alternative Fuels

Private

Synopsis

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China Three Gorges, a world provider of clean energy, completed the acquisition of 181MW of wind energy from EDP Renewables, a provider of renewable energy, for €307m. Per the agreement, the Chinese power company acquired 12 wind farms, all operating under a 20-year regulated remuneration scheme in Spain.

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