Wind acquisitions soar in 2013

Lukerg Renew, the Vienna-based joint venture owned by Russian oil company Lukoil and Italian wind developer ERG Renew, has already bought two wind farms this year.

Lukerg Renew, the Vienna-based joint venture owned by Russian oil company Lukoil and Italian wind developer ERG Renew, has already bought two wind farms this year.

Acquisition activity for wind farms leapt to its highest level since 2010 during the second quarter, with five buy-ins worth $1.3bn leading the way in a 36-project shopping spree across the global industry, according to consultancy Mercom Capital.

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