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China firm may bid on wind farms

China Daily | Updated: 2017-08-18 09:24

Hong Kong/London - China Resources Power Holdings Co and Aviva Plc are among companies considering bids for Norwegian utility Statkraft AS stakes in its offshore wind farms in the United Kingdom, sources familiar with the matter said, amid a surge in interest for Europe's green energy assets.

Macquarie Group Ltd and Copenhagen Infrastructure Partners K/S are also weighing offers, the sources, who did not want to be identified, said.

Statkraft is aiming to sell the assets for $1 billion to $1.5 billion, according to one source. Bidders may only be willing to pay about $750 million to $1 billion for the two stakes, two of the sources said.

China firm may bid on wind farms

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