We have advised CGN Europe Energy, the French renewable energy-focused subsidiary of CGN Power Generation, on the acquisition of a portfolio of five onshore wind farms in France from VOL-V.
The portfolio comprises five wind farms with a combined capacity of 70.8 megawatts in northern France. They are the 20.7 megawatt Coin Malo Wind Farm, which started operating in 2016, 12.5 megawatt Le Tourette Wind Farm (2012), 10 megawatt Le Moulin Cheneau Wind Farm (2009), 9.2 megawatt Hocquélus Wind Farm (2010) and 18.4 megawatt Les Vingt-Setiers Wind Farm (2011). The acquired portfolio was previously held directly by VOL-V.
The deal will allow CGN-EE to reach an overall installed wind capacity of 280 megawatts in France.