Announced
Completed
Financials
Sources
Tags
wind farm
Spain
Single Bidder
Cross Border
Acquisition
Friendly
Majority
Alternative Fuels
Private
Synopsis
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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