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China General Nuclear Power Corporation (CGN) acquires 75% stake in Swedish wind power project

Reuters 18th July 2018 , China General Nuclear Power Corporation (CGN) has acquired a 75 percent
stake in a Swedish wind power project from Australia’s Macquarie Group
and GE Energy Financial Services, state news agency Xinhua reported on
Wednesday. The North Pole wind power project, located in Pitea, Sweden, is
expected to be operational by the end of 2019 with a capacity of 650,000
kilowatts, making it the single largest onshore wind power park in Europe,
Xinhua said.
https://uk.reuters.com/article/us-cgn-sweden/chinas-cgn-acquires-75-percent-of-swedish-wind-farm-xinhua-idUSKBN1K81IC?rpc=401&

July 20, 2018 - Posted by | business and costs, China, renewable, Sweden

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