Tag Archive for acquisition

Mitsubishi and Chubu Electric Power complete acquisition Eneco

The consortium of Mitsubishi Corporation and Chubu Electric Power Co., Inc. officially completed the full acquisition of all Eneco shares today. All 44 municipal shareholders of Eneco (which together hold 100% of the Eneco shares) have agreed to the proposed sale. With the approval of the Minister for Economic Affairs and Climate in the Netherlands,…

ABP takes majority share in German offshore wind farm

Dutch pensionfund ABP, through its pension provider APG, acquired a 64% stake in the 396 MW German offshore wind farm Merkur Offshore, located approximately 45 km off the north German coast. The acquisition is in line with ABP’ ambition to increase the investments in renewable energy over the coming years. ABP acquired the stake from a…