Gaelectric and CGN Europe Energy (the renewable energy investment arm of China General Nuclear Power Group) have announce their agreement on the sale by Gaelectric of 230MW of wind energy assets on the island of Ireland to CGNEE.
The wind energy assets which are the subject of this agreement comprise 10 operating wind farms, or 184MW, and a further four, or 46MW that will be operational by mid-2017. Seven wind farms are located in Northern Ireland and seven in the Republic of Ireland. Gaelectric will continue to provide asset management and power-offtake services to CGNEE for the 14 wind farms post their sale.
