EnergyWatch

Chinese company buys into major UK wind farm

Portuguese EDP Renewables has sold its ten percent stake in UK offshore wind farm Moray East to a Chinese company.

Portuguese utility EDP Renewables, EDPR, has sold 10 percent of its equity stake in UK offshore wind farm Moray East Windfarm to Chinese company China Three Gorges, informs EDPR in a press release Friday.

The equity share sale is valued at GBP 35 million (EUR 38.9 million).

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