China Three Gorges in Talks to Acquire 312 MW German Wind Portfolio from NEAG
By
Thomas Gualtieri
Summary
China Three Gorges Corp. is reportedly in talks to acquire a portfolio of operational onshore wind farms in Germany from NEAG Norddeutsche Energie AG. The assets total 312 megawatts of capacity and have an enterprise value of approximately €300 million ($343 million) or more. The information comes from an anonymous source as the talks are not public.
Source
bskyChina Three Gorges in Talks to Acquire 312 MW German Wind Portfolio from NEAGbloomberg.comKey quotes
· 3 pulledChina Three Gorges Corp. is in talks to buy a German wind portfolio from NEAG Norddeutsche Energie AG, according to a person with knowledge of the matter.
The assets are operational onshore wind farms with a total capacity of 312 megawatts, the person said, asking not to be identified as the information isn't public.
The portfolio has an enterprise value of about €300 million ($343 million) or higher, the person said.
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