Glennmont Purchasing Energtrag's 16.8-MW French Wind Farm (M&A)
In the UK, London-based renewable energy fund manager Glennmont Partners reports it will acquire Brandenburg, Germany-headquartered Enertrag AG's 16.8-MW Goudelancourt wind farm which is under construction in Northern France. The facility, which will incorporate seven Nordex N117 turbines, will sell it total output to Electricite de France SA under the terms of a 15-year PPA. Financial details of the deal have not been revealed.
Glennmont aims to invest as much as €300 million ($341.4 million) in the renewable energy sector over the next few years, according to the release. (Source: Glenmont Partners, Renewables, 30 Oct., 2018)
Contact: Enertrag AG, firstname.lastname@example.org, www.enertrag.com;
Glenmont Partners, +44 (0)20 3725 8318,
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