Deals
Infigen to Sell German Wind-Energy Assets, Scrap Dividends
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Infigen Energy, an Australian developer of renewable-energy projects, agreed to sell its German wind-power assets for 154.6 million euros ($222 million) to a European fund that it didn’t identify.
The wind-farm developer is awaiting German regulatory approval that may take 30 days, Infigen said today in a statement. The company said it plans to use the proceeds to cut debt and will provide details on the sale of the assets, which have a capacity of 128.7 megawatts, when the deal is completed.