Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

Spain

Spain

EBM purchases 42MW Spanish wind farm

SPAIN: Venture capitalist Aravis Energy has sold Swiss wind energy company LuciaWind AG to the utility EBM.

LuciaWind operates a 42MW wind farm in Andalucia, Spain. EBM is investing €70million in the development, which operates 14 3MW turbines.

According to Aravis Energy's managing partner Oliver Thalman, Swiss firms are showing an increasing interest in investing in renewables.

Speaking about the deal EBM CEO Hans Büttiker said: "In light of the liberalisation of the electricity markets we are using the opportunities currently available to secure new sources for the long-term supply of energy to our networks and at the same time to meet our customers' growing demand for environmentally friendly energies."

 

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
[DAYS_LEFT] days Subscribe Now

Left of your Windpower Monthly free trial

Your free trial Subscribe Now

to Windpower Monthly has expired

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs