Chinese firm buys 14 wind farm projects across Ireland
By John Campbell, BBC News NI Economics & Business Editor | BBC News | 7 December 2016 | www.bbc.co.uk
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.
URL to article: https://www.wind-watch.org/news/2016/12/07/chinese-firm-buys-14-wind-farm-projects-across-ireland/