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Infinis completes sale of hydro business

04 February 2015 07:34

Infinis Energy has completed the sale of its Welsh hydro sites totalling 14MW, to Dŵr Cymru Welsh Water and the remaining hydro sites, totalling 3MW, to H2O Power for £20.5m following approval by Welsh Water's lenders.

As previously stated, the company will use the proceeds to develop the growth of its onshore wind portfolio in line with its existing strategy.

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Related Company: INFI

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