GE buys large minority stake in Indian wind farm

GE Energy Financial Services has bought into a 148.5MW onshore wind farm in western India.

It has acquired a 49% stake in Continuum Green Energy’s Morjar wind farm in Gujarat.

The project is due to feature 55 of GE Renewable Energy’s 2.7-132 onshore turbines

It is expected to reach full operations in June 2022.

Continuum Green Energy – which is owned by a global infrastructure fund managed by Morgan Stanley Infrastructure – will retain a 51% majority stake in the wind farm.