Econergy Acquires French Wind Platform Escofi for €134 Million
Source Summary
Israel-based independent power producer Econergy announced on September 15 the acquisition of Escofi, a French wind energy platform with approximately 740 MW of capacity, for €134 million ($155 million). The deal marks Econergy's entry into the French market and expansion of its European asset base.
Why it matters
The acquisition strengthens Econergy's renewable energy portfolio in Europe and establishes its operational presence in France's wind energy market.
