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Impax Sells Wind Farm in France to Swiss Utility BKW

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By Louise Downing

August 3, 2015 at 10:32 AM UTC

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Impax Asset Management Group Plc, a London-based investor, sold a wind farm in France to Swiss utility BKW AG.

Impax bought the 13.8-megawatt Fresnoy facility in Picardie in 2012 and it started output in December, the investor said Monday in an e-mailed statement. It declined to disclose the value of the transaction. The project marks BKW’s entry into the French wind market. It owns 375 megawatts of operating wind assets in other jurisdictions outside Switzerland.