Watson Farley & Williams (WFW) advised RF Energy SA on the sale of five wind parks and two hydroelectric power plants with a 63.6MW aggregate capacity.
Specifically, RF Energy concluded agreements with subsidiaries of Egypt’s Elsewedy Electric group to sell four of its Greek subsidiaries: Kallisti Energy, Aioliki Aderes, Aioliki Kilindrias and Hydroelectric Achaias. The total purchase price was € 55 million, and RF Energy will retain the management and operation of all the power plants after the sale.