RWE sells stake in Texan wind farms for $600 million

  • 12/14/2020
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FRANKFURT (Reuters) - RWE, Europe’s third-largest renewables company, on Monday said it agreed to sell onshore wind assets in Texas with an enterprise value of $600 million to Algonquin Power & Utilities Corp. The sale of a 51% stake in four onshore wind farms equates to 439 megawatts of capacity, RWE said.

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