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UPDATE 1-Nordex close to selling European development pipeline to RWE

Source: 
Swissquote

FRANKFURT, July 31 (Reuters) - German wind turbine maker Nordex SE is in exclusive talks with utility RWE to sell its European wind and photovoltaic project development pipeline for about 400 million euros ($470 million) to focus on other regions. The prospective deal, expected to close during the last quarter of 2020, would bolster RWE's position as Europe’s third-largest renewables group ...

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