US EditionWindtech International - Enel Green Power North America restructures wind portfolio with asset swap
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Windtech International - Enel Green Power North America restructures wind portfolio with asset swap
Enel Green Power North America (EGPNA) has signed an asset swap agreement with Gulf Pacific Power (GPP). Under the terms of the agreement, EGPNA will raise its indirect equity stake to 51% in selected corporate vehicles that own wind farms. In exchange, EGPNA will transfer its interests in other wind farm vehicles, including one full ownership stake and several indirect minority holdings, along with a cash payment.
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