E.ON Sells Half of U.S. Wind Parks to PensionDanmark
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EON AG agreed to sell a 50 percent stake in three U.S. wind farms to Danish pension fund PensionDanmark as Germany’s biggest utility seeks to free up capital.
Dusseldorf, Germany-based EON is selling the stakes in two wind farms in Texas and a third in Pennsylvania to Hilleroed, Denmark-based PensionDanmark, the companies said in a joint release obtained by Bloomberg before the official release this morning. The parties agreed not to disclose the final amount.