Mitsui & Co agrees to acquire 34% stakes in Viento Los Hercules wind project from Total Eren
Date
December 29, 2018
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Argentina
Subsectors
Onshore Wind
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Mitsui & Co has reached an agreement with Total Eren for the sale of its 34% stakes in the 97.2 MW Viento Los Hercules wind park located in Santa Cruz, Argentina.
The US$220 million project is currently under construction and is expected to commence operation by mid-2019. It consists of 27 units of Senvion 3.6M114 NES turbines and an estimated annual production of 400 GWh.
