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Chinese firm buys 14 wind farm projects across Ireland  

Credit:  By John Campbell, BBC News NI Economics & Business Editor | BBC News | 7 December 2016 | www.bbc.co.uk ~~

A Chinese energy company has bought seven wind farm projects in Northern Ireland and a further seven in the Republic of Ireland for a reported 350m euros (£300m).

The China General Nuclear Power Group (CGN) has taken control of the projects from Dublin-based Gaelectric.

The deal consists of 10 operating wind farms.

A further four will be operational by mid-2017.

Dr Wei Lu, chief executive of CGN Europe Energy, said this was the group’s first acquisition in the energy sector in Ireland.

Source:  By John Campbell, BBC News NI Economics & Business Editor | BBC News | 7 December 2016 | www.bbc.co.uk

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

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