Abu Dhabi National Energy Company PJSC (ADX:TAQA) signed an agreement to acquire 50% stake in 205.5 Megawatt Lakefield Wind farm from Electricite de France SA (ENXTPA:EDF) on January 9, 2013. Under the terms of the agreement, Electricite de France will continue to provide operation, maintenance and related services. The transaction is subject to fulfilment of conditions precedent, including customary regulatory and third party approvals and expected to close in the first quarter of 2013.
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- Abu Dhabi National Energy Company PJSC signed an agreement to acquire 50% stake in 205.5 Megawatt Lakefield Wind farm from Electricite de France SA.