Edition:
United Kingdom

Endesa Buys 100 Pct Of Parques Eolicos Gestinver For 178 Mln Euros


Friday, 2 Feb 2018 

Feb 2 (Reuters) - Endesa ::SAYS VIA ENEL GREEN POWER ESPANA SIGNS CONTRACT TO BUY 100 PERCENT OF PARQUES EOLICOS GESTINVER.SAYS GESTINVER HAS 132 MW OF WIND ENERGY PRODUCTION CAPACITY THROUGH FIVE WIND FARMS IN GALICIA AND CATALONIA.TRANSACTION CLOSED WITH ELAWAN ENERGY AND GENERA AVANTE, OWNERS OF GESTINVER, FOR 178 MILLION EUROS, INCLUDING DEBT.TRANSACTION ALLOWS CO TO INCREASE ITS MARKET SHARE IN SPANISH WIND MARKET TO ABOUT 8 PERCENT.