CHINA TO BUY GERMAN WIND FARM FROM BLACKSTONE

Published:2016-06-28

 

 

China is further diversifying its business into the offshore wind market by buying the Meerwind, a major German offshore wind farm, from U.S. buyout and investment firm Blackstone Group LP.


The German group owns the 288-megawatt Meerwind project in the North Sea. Located about 53 kilometers from shore, it is one of Germany's biggest offshore wind farms.

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