Allianz, BNP Paribas Purchase Four Nordex Wind Farms in France

Nordex SE (NDX1), a German wind turbine- maker, said its French unit sold four wind farms it developed to Allianz SE (ALV) and BNP Paribas (BNP) SA.

Nordex France sold the Forge project in the Cher region to Allianz Renewable Energy Partners IV Limite, and three other French projects to BNP Clean Energy Investment Partners, the Hamburg-based company said today in an e-mailed statement.

The farms have a total capacity of 47.5 megawatts. Nordex also sold four 2.5-megawatt turbines to wind farm developer BOREAS for its Coume project in eastern France, it said. No terms were given for the sales.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.