Gamesa Sells French Wind Project To Investment Fund

NAW Staff, Tuesday 27 November 2012 - 11:43:12

Gamesa says it has sold an 8 MW wind project in France to Impax New Energy Investors II LP, an investment fund managed by London-based Impax Asset Management Ltd., via its portfolio company, Epuron France.

The La Souterraine wind project, located in the Limousin region of France, will be equipped with four Gamesa G97-2.0 MW turbines. The construction of the project, which was developed and will be built by Gamesa, will start by the end of the year.

Gamesa has had a presence in France since 2000. As a wind farm developer, it has since brought 126 MW of capacity online in the country and has a project portfolio of more than 570 MW at varying stages of development. The company also performs operations and maintenance services on turbines totaling 412 MW at 30 wind farms across France.

Impax New Energy Investors II LP has 330 million euros of capital committed to the renewable energy sector and a growing portfolio of wind power projects, including over 200 MW in construction and operation in France, Germany and Poland.




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