Asia Pacific

Nordex to Pay US$882 Million to Acquire Acciona’s Wind-Power Business

Nordex has signed an agreement to acquire the wind power business of Acciona S.A. for €785 million (US$882 million) in cash and shares.

Acciona’s wind power business is grouped under its subsidiary, Corporacion Acciona Windpower S.L., which is subject of the acquisition by Nordex.

The deal is subject to standard market conditions, including merger clearance by the relevant competition authorities.

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