McCann FitzGerald advises Gaelectric on the sale of 230MW of wind energy assets to China General Nuclear

We advised Gaelectric Holdings plc on the sale of 230MW of wind farm assets to the renewable energy investment arm of the China General Nuclear Power Group (“CGNP”). The assets include 14 operational and in-development wind farms and are believed to have an enterprise value in excess of €400m.
The sale follows a year-long sales process and will see Gaelectric continue to manage the wind farms on behalf of CGNP and provide power take-off services to the group.