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2019-08-14 12:05:00

IBERDOLA SALES WIND: $2 BLN

IBERDOLA SALES WIND: $2 BLN

REUTERS - Spanish energy firm Iberdrola (IBE.MC) has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said on Monday.

Iberdrola will receive 1.63 billion pounds ($2 billion) for the 40% stake, it said.

When East Anglia One is operational in 2020 it will be one of the world's largest wind farms, with a capacity of 714 megawatts or enough power 600,000 homes.

The Green Investment Group is part of the Macquarie group MOG.AX.

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IBERDOLA SALES WIND: $2 BLN
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Tags: IBERDOLA, RENEWABLE, WIND, MACQUARIE
Chronicle:
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