The deal with Madrid-basedPlenium includes a controlling share at FCC’s 422MW of wind at 14 plants, andits interests in 120MW of PV and solar thermal capacity.

The wind farms use turbines supplied by compatriot Gamesa and were the subject of a major O&M extension deal earlier this year.

FCC said the divestment will cut its interest-bearing debt by €763m ($1.05bn), and isa vote of confidence in its ability to deliver on its corporate turnaroundplan.

The