Iberdrola has reached an agreement with the Polish companies Energa Hydro (subsidiary of Energa) and PGE Polska Grupa Energetyczna (PGE) for the sale of all its wind power assets in Poland, grouped by Iberdrola Renewables Polska where it holds 75% of the capital, for approximately € 203 million.
The holding company, whose remaining 25% equity is held by the European Bank for Reconstruction and Development (EBRD), owns five operating wind farms in Poland with a total 184.5MW installed capacity plus a wind project pipeline also in Poland. This transaction is subject to the applicable approvals.
The holding company, whose remaining 25% equity is held by the European Bank for Reconstruction and Development (EBRD), owns five operating wind farms in Poland with a total 184.5MW installed capacity plus a wind project pipeline also in Poland. This transaction is subject to the applicable approvals.
