Pontegadea to buy 158MW French portfolio


June 18, 2024

Spanish investment group Pontegadea is entering the French renewables market by acquiring a 158MW portfolio of onshore wind farms from EDF Renewables.

The portfolio is made up of the 72.6MW Champagne Picarde, 58.4MW Montagne Ardéchoise and 27.2MW Les Taillades wind farms in France. Spanish newspaper El Economista said the deal was worth a reported €160m.

This follows Pontegadea’s acquisition of a 49% stake in a 618MW portfolio of renewables projects for €363m from Repsol in Spain in November 2023.

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