KGAL Picks Up Wind Farm In North France

Law360, New York (March 4, 2014, 8:29 PM EST) -- KGAL Group will acquire an upcoming 75 megawatt wind farm in northern France from developers H2air Group and Nordex Group for an undisclosed amount, the companies said Tuesday.

The German money manager is adding the Seine Rive Gauche Nord project to its institutional Enhanced Sustainable Power Fund 3. H2air and Nordex are developing the site, which is supposed to reach full capacity in 2015 and power 50,000 homes. After the sale, H2airGT, an H2air subsidiary, will provide technical support.

"This project marks a major success for...
To view the full article, register now.