BEIJING Dec 8 China General Nuclear Power Corp
(CGN) announced on Thursday that its French subsidiary has
acquired part of Irish renewable energy company Gaelectric's
* Paris-based CGN Europe Energy SAS (CGNEE) bought 230MW of
wind energy assets from Gaelectric Holdings plc, CGN said in a
* It did not disclose how much it had paid, but claimed the
deal was the biggest investment by a Chinese company in Ireland
* The wind assets comprise 10 operating wind farms with
capacity of 184 MW. A further four wind farms, or 46 MW, is set
to operate by mid-2017, Gaelectric said in a separate statement.
* "The portfolio is sufficient to meet the electricity needs
of around 120,000 homes, avoiding greenhouse gas emissions of
the equivalent of around 250,000 tonnes of CO2," said
Gaelectric's CEO Barry Gavin.
* CGNEE has made several moves in the renewable energy
market this year. In July, it won the tender, along with French
group Eolfi, for a floating offshore wind power project off the
island of Groix, in Brittany, France. In September it bought
Belgium's largest onshore wind farm, Esperance, and in November
CGNEE bought 90 percent of shares in a 44MW Senegal solar
project from Malicounda.
(Reporting by Muyu Xu and Beijing newsroom; Editing by Susan