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The acquisition has cemented the Cork-based company’s presence in France.
Irish-French solar power company Amarenco, whose executive chairman is former Bord Gáis boss John Mullins, is buying two solar farms in France in a deal with an enterprise value of €31m.
Amarenco is acquiring the assets from French renewable energy firm Neoen.
The solar farms are located in the south of France, at Grabels and the Lagarde Vaucluse area. The former began operation in 2015 and the latter in 2018.
Source: independent
