Tuesday, January 10, 2017
Gaelectric has agreed to sell 230MW of wind energy assets on the island of Ireland to CGNEE Holdings, the renewable energy investment arm of China General Nuclear Power Group (CGN).
The sale includes 10 operating wind farms totalling 184MW, and four that will be operational by mid-2017. Seven wind farms are located in Northern Ireland and seven in the Republic of Ireland. Gaelectric will continue to provide asset management and power-offtake services to CGNEE for the 14 wind farms after their sale.
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