Funds advised by Bridgepoint have agreed to acquire a portfolio of wind energy assets from listed Spanish construction conglomerate Auxiliar de Construcción y Servicios (ACS) in a transaction that values the assets at €596.5million.
The portfolio of 11 wind farms in Castilla Leon is the largest independent platform of wind assets in Spain with 443MW of installed capacity. The portfolio’s existing project finance facilities are expected to rollover as part of the transaction.
The portfolio of 11 wind farms in Castilla Leon is the largest independent platform of wind assets in Spain with 443MW of installed capacity. The portfolio’s existing project finance facilities are expected to rollover as part of the transaction.
