Eni Gas e Luce to acquire a 71% stake in Energías Eólicas Alternativas Riojanas from Boreas Tecnología and Rioja Nueva Economía.

Eni Gas e Luce, a p provider of gas, power and energy solutions, agreed to acquire a 71% stake in Energías Eólicas Alternativas Riojanas, an owner of a 40.5 MW wind farm in Raposeras, from Boreas Tecnología and Rioja Nueva Economía. Financial terms were not disclosed. This transaction enabled Eni Gas e Luce to complete its acquisition of EAER and consequently the Raposeras wind farm. Eni Gas e Luce is an incorporated investee company of Eni, a renewable energy division of Eni, an Italian global energy company integrated as a state-owned oil and gas company.