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| FCC to invest in renewable energy Spanish construction giant FCC has signed an agreement with Australia's Babcock & Brown Wind Partners (BBW) to buy 100% of BBW's wind farm portfolio in Spain, owned through Olivento SLU; the deal represents an investment of 190 million euro and the assumption of 590 million euro in gross debt. These assets will transferred to FCC Energía SA, a new business unit in the FCC Group. write your comments about the article :: © 2008 Construction News :: home page |