Enel Green Power España (EGPE) has signed an agreement for the acquisition of 100% of Parques Eolicos Gestinver, a company owning five wind farms totalling around 132MW of capacity, from Spanish companies Elawan Energy and Genera Avante for a total consideration of € 178 million.
The five wind farms are located in the regions of Galicia and Catalonia. The Galician wind farms are the 20MW Farrapa, 14MW Peña Revolta and 23.5MW Pousadoiro, all located in the Lugo Province. The 30MW Les Forques and 44MW Montargull wind farms are located in Catalonia’s Tarragona Province and have a combined capacity of 74MW. The acquisition is expected to be finalised in the first half of 2018.