MEAG acquires 75 per cent stake in 260 MW Swedish wind farm

MEAG has agreed to buy a 75 per cent stake in Stor-Skälsjön, a 260 MW wind power project in Sweden, from Eolus Vind and Hydro REIN. Under this agreement, Eolus will sell its 51 per cent stake in the wind project for consideration of $19.8 million, while Hydro REIN will sell its 24 per cent stake for $9.3 million. Hydro REIN will preserve its 25 per cent stake in the project and will continue to be a co-owner of the project.

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Macquarie Asset Management consortium to acquire Reden Solar for €2.5 billion

A consortium comprising Macquarie Asset Management, British Columbia Investment Management Corporation (BCI) and MEAG has agreed to acquire Reden Solar. Reden Solar is being purchased from InfraVia Capital Partners and Eurazeo for €2.5 billion. With a 762 MW active portfolio and a 15 GW development pipeline, Reden Solar develops, finances, builds, and runs solar power projects in Europe and Latin America.

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