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GE and International Consortium Buys 32 Wind Farms in FranceLondon, UK (SPX) Jan 04, 2013 A consortium comprising GE Energy Financial Services, MEAG - the asset management arm of Munich Re and ERGO - and EDF Energies Nouvelles is buying 32 operating wind farms in France from Iberdrola. The portfolio of onshore wind farms, which are spread throughout France and were commissioned in 2006-2012, have a combined capacity of 321.4 megawatts using turbines from a variety of manufacturers. Electricity generated is sold according to long-term contracts under France's feed-in tariff. The ... read more |
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