Hanwha Solutions acquires a French company in the energy sector

Home Renewable energies Hanwha Solutions acquires a French company in the energy sectorBy La Rédaction - Share on FacebookTweeter on twitter

Hanwha Solutions Corp, the energy arm of chemical and financial conglomerate Hanwha Group, announced on Monday that it would acquire a French renewable energy developer as part of its expansion strategy.

Hanwha Solutions will buy all the shares of French wind and solar power company RES Méditerranée for 984.3 billion won (726 million euros) on October 20, the company said in a regulatory document .

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“The planned purchase of this stake aims to establish a presence in the European market for renewable energy development,” she added.

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