NTR Renewable Energy Income Fund II, a renewable energy fund of NTR, has completed the acquisition of a 48 MW Artigues et Ollières wind farm project located in the region of Provence-Alpes-Cote d’Azur in France.
The wind farm consists of 22 Vestas wind turbines and has been recently turned operational. It represents about EUR90 million (US$110.93 million) of investment in the region.
The transaction was closed with an independent French developer Eco-Delta that builds the project.
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