to-the-point: Conquest acquires 12-MW wind park in France

N117/3000 Delta wind turbine. Source: Nordex SE

October 12 (Renewables Now) - Conquest Asset Management announced today it has, on behalf of the Sustainable Infrastructure fund it manages, finalised the acquisition of a 12-MW greenfield wind park in France.

Conquest said it has concluded the transaction under a previous agreement with wind turbine maker and project developer Nordex SE (ETR:NDX1), signed before the plant was built.

The particular wind farm is backed by a 15-year contract for difference scheme, providing secured and inflation linked revenues from local utility EDF SA (EPA:EDF).

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