Greencoat Renewables to acquire Ersträsk North from Enercon.

Greencoat Renewables, a private equity firm, agreed to acquire Ersträsk North, a Swedish wind farm, from Enercon, an energy company. Financial terms were not disclosed. "We are delighted to partner with Enercon and agree to acquire the Ersträsk North windfarm. Sweden is becoming a major hub for green energy, with the combination of low-cost generation and a number of attractive routes to market. As the renewable generation market continues to develop, we expect to see greater opportunity in the unsubsidised renewables market and believe Greencoat Renewables is well positioned to benefit both across mainland Europe and in Ireland," Paul O'Donnell, Greencoat Capital Partner.