Naturgy acquires Spanish onshore wind and solar portfolio for €650m

Naturgy has acquired a 422MW operational wind portfolio from the Ardian infrastructure fund. It comprises 12 wind farms in Castile and León, Castilla-La Mancha, Catalonia, Galicia and Andalusia.

There is also the possibility of repowering the wind farms at the end of their useful lives, expected, on average, within 16 years. The €650m acquisition also includes a pipeline of solar hybridizations of up to 435MW.

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