Canadian company invests in Swedish wind turbine manufacturer

Investment firm Greystone has bought into a Swedish wind turbine manufacturer, strengthening its position in Europe. The firm, which also made investments in January, is still on the hunt for new investment opportunities.

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Canadian investment firm Greystone has bought into a Swedish wind turbine manufacturer for an undisclosed amount.

The firm bought a share in Rabbalshede Kraft, a developer and operator of wind projects in Sweden. In total, the company has 71 wind turbines divided across eight farms, while it operators a total of 139 wind turbines which produce 334 MW. Neither company has disclosed the price nor the size of the acquisition.

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