OTPP and PSP-backed Cubico acquires Spanish wind farm
Cubico Sustainable Investments has partnered with Plenium Partners in the acquisition of a 67 megawatt wind farm in Valencia, Spain. No financial terms were released for the deal, which saw Cubico and Plenium buy the farm from Enerfin, a wind farm developer and operator affiliated with Spain's Elecnor Renewables. Plenium holds a minority position in the asset and will act as its manager. Cubico, a London-based renewable energy business, is jointly owned by Ontario Teachers’ Pension Plan (OTPP) and Public Sector Pension Investment Board (PSP Investments). Last month, OTPP and PSP bought Banco Santander SA's interest in the company.
15 August 2016•2 mins read
