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CGN buys into Swedish power project

By Zheng Xin | China Daily | Updated: 2018-07-19 07:33

China's major nuclear power operator, China General Nuclear Power Corp, has acquired a 75 percent stake in a wind power project in Sweden, according to a statement from CGN on Tuesday night.

CGN Europe Energy signed an agreement with Australian energy company Macquarie Group and US-based General Electric Co to purchase the majority stake in Sweden's North Pole wind power project, the largest onshore wind farm in Europe.

The North Pole project, the largest single-site onshore wind installation in Europe, is expected to have 179 wind turbines that will deliver 650 megawatts of power and provide power for 400,000 families.

CGN buys into Swedish power project

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