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China Buys 14 Irish Windfarms in $417 Million Deal

China Buys 14 Irish Windfarms in $417 Million Deal

GALWAY, IRELAND--December 21, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Irish renewable energy firm Gaelectric (Dublin, Ireland).has agreed to sell windfarms with a combined generating capacity of 230-megawatts (MW) to the European arm of state-owned China General Nuclear Power Company (CGN) (Shenzhen) in a deal worth an estimated 400 million euro ($417 million).

Within this article: Details sale of windfarms, generating capacity and value of deal.

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