Axpo divests minority stake in 33 MW Spanish wind project
Date
October 13, 2022
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Spain
Subsectors
Onshore Wind
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Axpo has sold 46% of its share in the 33 MW La Peñuca wind project in Spain to Cubico Sustainable Investments.
The sale of the La Peuca wind farm to Cubico is effective immediately and has gained all the necessary permits from the appropriate authorities. The parties have agreed to keep the sale amount confidential.
Mazars served as financial advisor to Axpo, and Watson Farley Williams served as legal counsel.
