Verbund to Acquire Operational Renewables Portfolio, Development Platform in Spain
May 09 2022 - 5:08AM
Dow Jones News
By Giulia Petroni
Verbund AG on Monday said that it will acquire an operational
photovoltaic portfolio and a development platform in Spain.
The Austrian electricity provider said the portfolio has a total
installed capacity of 82 megawatts peak, while the platform of wind
and PV will have a capacity of around 2.1 gigawatts at an advanced
stage of development.
The sellers are various funds of Q-Energy Group, according to
the company.
Financial details of the deal weren't disclosed.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
May 09, 2022 04:53 ET (08:53 GMT)
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