Fiera Axium-led group acquires interest in eight US wind farms
A consortium led by Canadian infrastructure investor Fiera Axium Infrastructure has bought a minority stake in a 1,100 megawatt portfolio of eight operating wind farms in the United States. The interest was acquired for an undisclosed amount from Spain's EDP Renewables (EDPR). Other investors in the consortium included affiliates of Swiss Life Asset Management AG and John Hancock Life Insurance Co. EDPR will continue to manage the assets. Last month, Fiera Axium led an investor group that agreed to buy Montreal Gateway Terminals from Morgan Stanley Infrastructure.
17 April 2015•4 mins read
