Greencoat UK Wind has acquired an 80% stake in five wind farms from EDF Energy Renewables for £98m, including £7m cash and working capital. All five wind farms are situated within 25 miles of Peterborough, and in total comprise 47 Senvion 2.05MW MM82 turbines. The portfolio will sell power the EDF group, which will also provide asset management services. EDF ER will retain a 20% interest in the portfolio.
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