Dalmore Capital Limited and Pensions Infrastructure Platform has completed the acquisition of 49% stakes in a 550 MW wind portfolio in UK. The joint venture of EDF Energy and EDF Energies Nouvelles has sold the stakes for cash proceeds of GBP 701 million (USD 919 million).
EDF Renewables will continue to be the majority owner of the wind portfolio and the operator of the plants. EDF Energy, in turn, will continue to buy the electricity generated by the wind farms.
The portfolio includes:
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