Northern Ireland

Chinese firm buys 14 wind farm projects across Ireland

Wine turbine
Image caption Subsidies for single wind turbine projects are set to continue in Northern Ireland despite the April deadline for the ending of subsidies for large on-shore wind energy projects

A Chinese energy company has bought seven wind farm projects in Northern Ireland and a further seven in the Republic of Ireland for a reported 350m euros (£300m).

The China General Nuclear Power Group (CGN) has taken control of the projects from Dublin-based Gaelectric.

The deal consists of 10 operating wind farms.

A further four will be operational by mid-2017.

Dr Wei Lu, chief executive of CGN Europe Energy, said this was the group's first acquisition in the energy sector in Ireland.

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