Bern (ots) - BKW FMB Energy Ltd (BKW) is to acquire from Fortore
Energia S.p.A. four wind farms in Italy and will dispose of its stake
in Fortore Wind.
In the spring of 2009 BKW entered the wind power business in Italy
by acquiring a 33% interest in the newly-founded Fortore Wind Srl
from Fortore Energia, which held on to the remaining 67% stake in the
Fortore Energia is now buying back BKW's holding in Fortore Wind,
as a result of which BKW can now fully acquire and autonomously
operate four up-and-running wind farms in which it already held a
stake via Fortore Wind.
The four wind farms are located in Italy's windiest region,
Apulia, at San Chirico, Spina, Monticelli and Franciosa, and, with a
collective capacity of 82 Megawatts, generate slightly more than 160
Gigawatt hours of electricity. Acquisition of these wind farms will
enlarge BKW's existing wind power capacities.
The parties have agreed not to disclose the cost of the
transaction, which is pending approval from Italy's competition
BKW FMB Energie AG / Media Communications
031 330 51 07