Renewable energy company Saeta Yield is set to become one of the largest independent players in the Uruguayan wind sector with its accretive acquisition of operating wind farms Carapé I and Grupo San José for a cash consideration of $65m. The deal is set to close, subject to condition precedents being met, in the first semester of 2017, and is Saeta Yield's first entry into the Uruguayan market.
Renewable energy company Saeta Yield is set to become one of the largest independent players in the Uruguayan wind sector with its accretive acquisition of operating wind farms Carapé I and II for a cash consideration of $65m. The deal is set to close, subject to condition precedents being met, in the first semester of 2017, and is Saeta Yield's first entry into the Uruguayan market.