Galileo to acquire a large-scale renewable project development business of Quenea.

Galileo, a pan-European, multi-technology renewable energy development and investment platform, agreed to acquire a large-scale renewable project development business of Quenea, a wind and solar projects designer and developer. Financial terms were not disclosed. "This transaction allows for combining Quenea's long experience and strong territorial presence in developing wind and solar projects in France, with Galileo's distinctive capabilities in Europe," Ingmar Wilhelm, Galileo CEO.