KKR Buys Wind-Farm Stake from Spain’s Acciona for $563 million

June 24, 2014 by  
Filed under Green Energy News

MADRID—KKR Co. has agreed to buy a third of the renewable energy unit of Spain’s Acciona SA for €417 million ($563 million), with plans to later list the unit on the stock exchange.

The move is a breakthrough for the Spanish group, a leading Spanish infrastructure developer and operator, which had run into regulatory obstacles in its efforts to sell the wind-energy business. Acciona has excluded its Spanish renewable-energy…

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