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On March 1, Malaysia's National Power Company (TBN) announced that it had acquired 80% stakes
in two British renewable energy companies.
The two companies have the UK's largest feed-in tariff subsidized onshore wind assets
.
For the second time in the UK, Malaysia National Power acquired renewable energy assets in the UK
More specifically, TNB's wholly owned subsidiary, Tenaga Wind Ventures UK, has completed the acquisition of 80% stakes in GVO Wind and Bluemerang Capital for £77.
4 million
.
The transaction price is based on the company's market capitalisation
of £171 million.
A total of 53 wind turbines were purchased, with a combined capacity of 26.
1 MW, spread across
the UK.
The transaction represents TBN's second renewable energy acquisition in the UK and its first acquisition of onshore wind assets
in the UK, following its acquisition of the Wolle solar PV asset in 2017.
，
On March 1, Malaysia's National Power Company (TBN) announced that it had acquired 80% stakes
in two British renewable energy companies.
The two companies have the UK's largest feed-in tariff subsidized onshore wind assets
.
For the second time in the UK, Malaysia National Power acquired renewable energy assets in the UK
For the second time in the UK, Malaysia National Power acquired renewable energy assets in the UKMore specifically, TNB's wholly owned subsidiary, Tenaga Wind Ventures UK, has completed the acquisition of 80% stakes in GVO Wind and Bluemerang Capital for £77.
4 million
.
The transaction price is based on the company's market capitalisation
of £171 million.
A total of 53 wind turbines were purchased, with a combined capacity of 26.
1 MW, spread across
the UK.
The transaction represents TBN's second renewable energy acquisition in the UK and its first acquisition of onshore wind assets
in the UK, following its acquisition of the Wolle solar PV asset in 2017.
，
