Wind farm operator Energi E2 Renovables Ibéricas (E2-I), which currently generates about 260 MW of electricity in Spain and Portugal, is to be sold to E.On for €722 million by Danish utility Dong Energy.
Wind farms totalling 560 MW are already planned on the Iberian peninsula for completion in the next four years by E2-I.
The transaction includes €256 million for the assumption of existing net debt.
