An international consortium comprising EDF Energies Nouvelles, MEAG, acting as the asset manager of Munich Re, and GE Energy Financial Services, a unit of GE, has implemented a previously announced agreement with Iberdrola to acquire 30 wind farms in service in France with 305 MW in total gross capacity.
Under the agreement announced in January and now finalized, EDF Energies Nouvelles owns an interest of 20%, GE Energy Financial Services an interest of 40% and MEAG an interest of 40% in the assets.
EDF Energies Nouvelles will provide asset management, along with operations and maintenance services.
This transaction represents an opportunity for the three consortium partners to strengthen their portfolio of renewable energy assets in France.
MEDIA RELATIONSManon of Cassini-Hérail ▪ Tel: +33 {0} 1.40.90.48.22 ▪ e-mail: manon.decassini-herail@edf-en.com
Clarisse Placidoux ▪ Tel: +33 {0} 1.40.90.49.46 ▪ e-mail: clarisse.placidoux@edf-en.com