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Mitsubishi buys solar energy stakes

Mitsubishi Corp has acquired 50 per cent stakes in two solar power stations in France from EDF Energies Nouvelles SA.

According to Bloomberg, the projects, which have a combined capacity of 56 megawatts, were acquired through Mitsubishi’s wholly owned subsidiary, Diamond Generating Europe. No financial terms were disclosed.

Mitsubishi has previously acquired a 50 per cent stake in the Toul Rosieres solar power plant in France.

 

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Photovoltaics (PV)  •  Solar electricity