The
EC’s
decision
follows
a
June
agreement
that
saw
Iberdrola
Renovables
buy
Gamesa’s
windpower
projects
in
the
United
Kingdom,
Mexico
and
the
Dominican
Republic
--
totalling
900
MW
--
for
approximately
€65m
($82m).
A
new
company
will
be
formed
under
the
planned
takeover,
fusing
Gamesa’s
European
development
projects
with
a
number
of
existing
windfarms
owned
by
Iberdrola
Renovables.
The
new
company
will
be
solely
controlled
by
Iberdrola
Renovables,
with
Gamesa
staying
on
as
a
non-controlling
shareholder.
In
addition
to
strengthening
the
development
side
of
Iberdrola
Renovables’
substantial
windfarm
portfolio,
the
deal
will
also…
