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Announced

JERA to acquire Parkwind from Virya Energy for €1.5bn.

Synopsis

JERA, a global energy firm, agreed to acquire Parkwind, a wind energy company, from Virya Energy, a renewable energy company, for €1.5bn. “I am very enthusiastic about our announcement today. As we communicated last summer, Virya had initiated an assessment of possible strategic development options for our offshore wind energy activities, operated through our subsidiary Parkwind, to ensure that it would have the best possible conditions to execute its ambitious growth plan in a rapidly changing industry," Paul Tummers, Virya Energy CEO.

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