Bryan, Garnier & Co advises Good Energies in the sale of Dummuies Wind Farm, Huntly to IKEA

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London, August 26th, 2011 – Bryan, Garnier & Co, the pan-European Investment bank focusing on growth companies, has advised Good Energies on the sale of Dummuies Wind Farm, Huntly to IKEA.

Bryan, Garnier & Co acted as exclusive financial adviser to Good Energies.

The Dummuies Wind Farm in Huntly (Scotland) is a 12.25MW wind farm located in the Northeast of Scotland, in the Grampian region, approximately 5km Southeast of Huntly (Northwest of Aberdeen). It consists of seven V66-1.75MW turbines at hub heights of 47m and has been operational since 2007.

Good Energies is a leading global investor in renewable energy and energy efficiency industries. Founded in 2001, Good Energies manages the renewable energy portfolio of COFRA, a family owned and managed group of companies.

IKEA’s acquisition of Dummuies is part of its wider strategy of investing in the renewable energy sector and is its first such investment in the UK.

David Roberts, Managing Director in Bryan Garnier’s London office said: “This transaction again reinforces Bryan Garnier’s position as a leading financial adviser in the European renewable energy sector.”

Bruno Tourme, Managing Partner, Head of Technology and Cleantech stated: “It was a highly competitive process with major interest from EMEA and Asia from both strategic and financial players. We anticipate more financing activity including solar and energy efficiency, within the next 24 months”.

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