German renewables developer wpd AG and a fund related to Macquarie Group Ltd (ASX:MQG) and its Inexperienced Funding Group (GIG) search to take joint management over a lot of Taiwanese onshore wind belongings.
The European Fee (EC) revealed this on Thursday after being notified of the proposed transactions a day earlier.
A doc printed by the EU competitors watchdog exhibits that wpd and Macquarie GIG Renewable Vitality Fund 2 SCSP (MGREF2) wish to get hold of clearance for the acquisition of Luwei Wind Energy Co Ltd and its fully-owned unit Chiwei Wind Energy Co Ltd, together with Chungwei Wind Energy Co Ltd, Tongwei Wind Energy Co Ltd, Chinfeng Wind Energy Co Ltd, and Anwei Wind Energy Co Ltd.
The doc signifies that the focused companies are engaged within the provision of electrical energy in Taiwan.
The EC has to decide on the matter by March 29, 2023.
Select your publication by Renewables Now. Be a part of without cost!
Leave a Reply