Bloomberg News

RWE Sells Third U.K. Wind Power Project to Germany’s Renerco

December 28, 2011

Dec. 27 (Bloomberg) -- RWE AG sold a 20-megawatt wind power project to Renerco Renewable Energy Concepts AG as part of a deal enabling the German developer to buy as many as 10 RWE wind farms in England, Scotland and Wales.

The “Cotton Farm” near Cambridgeshire is the third project Renerco has purchased from RWE’s Npower Renewables unit as part of a framework agreement reached last year, Munich-based Renerco said in a statement posted on its website today. No terms were given. Construction is to start in May, according to the statement.

--Editors: Charlotte Porter, David Marino

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net; Bill Banker at bbanker@bloomberg.net


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