Clean energy investment fund Glennmont Partners has bought three operating wind farms in France.
The projects – located in the Nord region – have a total capacity of 25MW and were bought from Diamond Wind Europe and green Power Development Holding.
Glennmont has signed a power purchase agreement with EDF and the three wind farms are covered by the 15-year Feed-in Tariff scheme in France.
Peter Dickson, Partner and Technical Director at Glennmont said: “France is a core market for us and we continue to look for opportunities to acquire well-developed projects across the country.
Last week the renewable energy investor bought a UK biomass facility for £160 million.