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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.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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