INVESTMENT WATCH- EFG-managed Vortex Energy completes divestment from pan-European wind farm portfolio: Vortex Energy, an EU-based renewables company managed by EFG Hermes’ private equity arm, has completed the divestiture of its 49% stake in a portfolio of 56 wind farms across Spain, France, Portugal, and Belgium, according to an emailed statement (pdf). Institutional investors advised by JP Morgan purchased the company’s stake in the 998 MW-worth of wind projects. The statement made no mention of the value of the transaction.

Tags: