MADRID, March 4 (Reuters) - Mitsubishi Corp has bought a 34 percent stake in the solar power unit of Spanish contractor Acciona, the companies said on Wednesday.
Financial details of the transaction were not disclosed. The financial daily Nikkei said in its Thursday edition that Mitsubishi expected to pay 'several billion yen.'
The Acciona unit, Amper Central Solar, operates the world's largest photovoltaic power plant, Amareleja, with a capacity of 45.8 megawatts, about 200 kilometres southeast of Lisbon.
In a joint statement, the companies said the deal was the first step in collaborative projects in renewable energy.
(Reporting by Jose Elias Rodriguez; Writing by Paul Day; editing by John Wallace) Keywords: MITSUBISHI/ (paul.e.day@thomsonreuters.com; Tel + 34 91 585 83 08; Reuters Messaging: paul.e.day.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Financial details of the transaction were not disclosed. The financial daily Nikkei said in its Thursday edition that Mitsubishi expected to pay 'several billion yen.'
The Acciona unit, Amper Central Solar, operates the world's largest photovoltaic power plant, Amareleja, with a capacity of 45.8 megawatts, about 200 kilometres southeast of Lisbon.
In a joint statement, the companies said the deal was the first step in collaborative projects in renewable energy.
(Reporting by Jose Elias Rodriguez; Writing by Paul Day; editing by John Wallace) Keywords: MITSUBISHI/ (paul.e.day@thomsonreuters.com; Tel + 34 91 585 83 08; Reuters Messaging: paul.e.day.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.