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Iberdrola acquires French renewable energy company Aalto Power
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Iberdrola acquires French renewable energy company Aalto Power

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Iberdrola acquires French renewable energy company Aalto Power

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Aalto Power has 118 megawatts (MW) of onshore wind power already in operation and a project portfolio of 636 MW in various stages of development

LONDON: * Spanish utility Iberdrola said on Thursday it has acquired French renewable energy company Aalto Power for 100 million euros ($108 million).

* Aalto Power has 118 megawatts (MW) of onshore wind power already in operation and a project portfolio of 636 MW in various stages of development.

* Aalto Power was owned by engineering firm Aiolos and French investment firm Caisse des Depots et Consignations .

Source: reuters

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Anand Gupta Editor - EQ Int'l Media Network
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