Electrabel buys two wind farms in Portugal for 93.5 mln eur |
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Published
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Wed, 14 Nov 2007 08:40 |
BRUSSELS (Thomson Financial) - Suez's Belgian subsidiary Electrabel said it has bought two wind farms in Portugal for 93.5 mln eur from Spanish wind farms designer and builder Gamesa.Electrabel has acquired a 38 MW wind farm in Mourisca, south east of Oporto, and a 26 MW farm in Fafe, in the north of the country.The Mourisca farm is already in operation and can generate 91 GWh annually.The Fafe farm --Fafe II -- is Electrabel's second in the area. It is under construction and will generate 58 GWh per year. The farm should start up in the summer of 2008.nina.chestney@thomson.comnc/salCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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