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CPPIB sells 24.5% stakes in 639MW German pair

Richard Heap
November 3, 2023

CPP Investment Board has agreed to sell 24.5% stakes in two German offshore wind farms totalling 639MW to a subsidiary of fellow Canadian firm Enbridge.

The company is due to complete the sale of the stakes in the Albatros and Hohe See offshore wind projects for C$374m (€255m) by the end of 2023.

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