Mitsubishi buys solar stakes from EDF’s renewable arm

Mitsubishi buys solar stakes from EDF’s renewable arm

Mitsubishi buys solar stakes from EDF’s renewable arm

Technology giant Mitsubishi has bought 50% stakes in two new solar projects in France through its London-based subsidiary, Diamond Generating Europe.

The projects, with capacities of 36MW and 20MW, are part of the 60MW Crucey and 56MW Massangis solar farms in France and were bought from EDF Energies Nouvelles (EDF EN).

Mitsubishi said 80% of the financing for the buy came from bank loans with Japanese and French lenders but did not disclose the value of the deal.

Read the full article here http://www.energylivenews.com/2013/08/19/mitsubishi-buys-solar-stakes-from-edf%E2%80%99s-renewable-arm/

Source: Energy Live News

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  1. Pingback: Nuclear News Round Up (19th – 23rd Aug 13) | Assystem Energy & Nuclear

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