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Exclusive: Enbridge, Macquarie looking at stake in $2.2 billion wind park

Posted by: Admin | Posted on: July 15th, 2016 | 0 Comments


FRANKFURT/LONDON Canada’s Enbridge (ENB.TO) and Australia’s Macquarie (MQG.AX) are vying for a 49.9 percent stake in EnBW’s (EBKG.DE) 2 billion euro ($2.23 billion) offshore wind park project Hohe See, three people familiar with the deal told Reuters.

EnBW, Germany’s third-largest utility, is asking for final bids by the end of the month, the people said. One of the sources said that Enbridge was seen as the frontrunner in the auction.

EnBW, Macquarie and Enbridge all declined to comment.

($1 = 0.8977 euros)

(Reporting by Arno Schuetze, Christoph Steitz and Stefano Berra; Additional reporting by Nia Williams in Calgary and John Tilak in Toronto; Editing by Edward Taylor)

Article source: http://feeds.reuters.com/~r/reuters/businessNews/~3/-RB4UgEucrQ/us-enbw-energie-windfarm-sale-exclusive-idUSKCN0ZV1IW

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