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Announced

Naturgy to acquire ASR Wind from Ardian for €650m.

Synopsis

Naturgy, an energy group with an innovative, end-to-end, and sustainable business model, agreed to acquire ASR Wind, a renewable energy wind farms company, from Ardian for €650m. "We are very happy with the signing of this operation. Our team has been a pioneer in Spain in betting on wind and solar hybridization, optimizing the evacuation capacity and enhancing its industrial value, as demonstrated by the great interest generated in the market. In addition, together with the AGR-AM team, we will continue to develop the 1GW portfolio, continuing to create value," Juan Angoitia, Ardian Co-Head of Infrastructure in Europe.

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