Vattenfall AB has announced the acquisition of 100% of AMEC Wind Energy Limited (AMEC Wind) for cash consideration of around 126.6 million GBP (equalling about 1.6 billion SEK or € 160 million).
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Vattenfall and AMEC have also entered into a strategic alliance in the development of energy projects with increased efficiency and lower carbon emissions in addition to a framework agreement with the aim to develop the existing wind projects in the AMEC portfolio being acquired by Vattenfall and to develop new wind projects in the UK.
