Hermes GPE Infrastructure to Acquire 50% Stake in Braes O' Doune Onshore Wind Farm from Centrica for $89.5m - Deal Analysis from GlobalData: New Research Report Available at Fast Market Research
Hermes GPE LLP (Hermes GPE), an investment firm, through its Hermes GPE Infrastructure Fund, entered into an agreement to acquire a 50% interest in the Braes O' Doune onshore wind farm, in Stirlingshire, Scotland, from Centrica plc (Centrica), an integrated energy company, for a purchase consideration of GBP59m ($89.5m). The total installed capacity of the wind farm is 72 MW. Centrica acquired its 50% interest in the Braes O' Doune wind farm in August 2007, for GBP42m ($63.7m). The transaction...
View full press release