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Vortex, a renewable energy platform managed by Egypt’s EFG Hermes’ private equity arm, has announced it has entered into a sale and purchase agreement (SPA) with a subsidiary of EDP Renováveis (EDPR) to acquire a 49% stake in an operational 664MW portfolio of European wind assets.
The transaction is valued at € 550 million and includes a portfolio of 23 wind farms in four European countries, including Spain (348MW), Portugal (191MW), Belgium (71MW) and France (54MW).
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| #46 Goldwind GW155 4500 wind turbine installed at Golden South wind farm in Assiniboia Saskatchewan Canada (courtesy Nicholas Gliddon) |
| Every week on our website and in our email newsletter we want to show you that wind energy is more than just technology. We therefore invite you to send stunning pictures of wind turbines inspired by “light” (in the broadest sense of the word). After 52 submissions we will announce the winner of the year’s best picture! Email your photo to Include turbine model, location and name of photographer. (size of the published photo will be 336 px width x 280 px high). |
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