Overview
The Renewables Infrastructure Group has announced that it is in talks to acquire stakes in six operational wind farms with the capacity to produce 433MW. The seller is Fred Olsen Renewables.
The deal is to acquire a significant minority interest in a portfolio of six operational onshore wind projects in Scotland.
If the deal gets done, TRIG will finance the deal from its existing cash resources and by dipping into its credit facility. There is no indication yet what the final price will be. They are already planning to issue more equity.
TRIG : Renewables Infrastructure in talks to buy 433MW