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4 December 2011
Financial Times: First Reserve in $1bn wind farm venture
Source: www.ft.com

By Daniel Schäfer

First Reserve, one of the largest energy-focused private equity investors in the world, is set to announce a $1bn wind farm joint venture with Spain’s Renovalia Energy on Monday.

 The long-term agreement will see the US private equity group investing $150m in a joint company called Renovalia Reserve that will own and operate wind farms in Spain and Hungary, and develop a pipeline of projects in Canada, Romania and Spain.

To read the full article, please, go to: http://www.ft.com/intl/cms/s/0/84717b14-1e65-11e1-bae4-00144feabdc0.html#axzz1fk5LkC29
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4 December 2011
Financial Times: First Reserve in $1bn wind farm venture
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