Home Iberdrola says 'au revoir' to French wind farms in 350m deal
 

Keywords :   


Iberdrola says 'au revoir' to French wind farms in 350m deal

2013-01-03 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Energy giant Iberdrola has sold 32 French onshore wind farms in a deal worth at least EUR350m to a consortium of investors consisting of EDF, Munich Re and General Electric (GE). The deal, announced on Monday, will see Iberdrola sell more than 320MW of operational wind farm capacity, as part of its ongoing strategy to boost its balance sheet through the sale of assets in "non-core" businesses. GE's Financial Services arm and MEAG, the asset manager of Munich Re and ERGO, will each own 40 per...

Tags: french deal wind farms

Category:Electronics and Electrical

Latest from this category

All news

»
05.11Registration Now Open for RadTech 2025
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Public Advisory Number 7A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
More »