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    EWZ to Acquire Remaining 30% Stake in Ten Onshore Wind Farm Projects in France, from Ostwind


    May 11, 2022 - Marketline - Deals

     

      Deal In Brief

      ewz Deutschland GmbH, a renewable energy company and a subsidiary of Elektrizitatswerke Zurich, has agreed to acquire remaining 30% stake in ten onshore wind farm projects located in France, from Ostwind International SAS (Ostwind), a renewable energy solutions provider. The combined installed capacity of the projects is 173 MW

      The construction of the first three wind farms could be started. The first Camblain wind farm will start regular operations in early April 2022. The ten wind farms will produce around 450 GWh of electricity

      Deal Type Acquisition
      Sub-Category Asset Purchase
      Deal Status Announced: 2022-05-06

      Deal Participants

      Acquirer (Company) ewz (Deutschland) GmbH
      Vendor (Company) Ostwind International SAS

      Deal Rationale

      % Acquisition 30%

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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