This acquisition has carried out by the company’s subsidiary Diamond Generating Europe (DGE).
Mitsubishi noted that the new solar power projects are part of large-scale solar projects in France – Crucey with an installed capacity of 60MW, and 56MW Massangis, which were acquired by DGE, giving the company a 50% share in each project company.
In addition, DGE and EDF EN are also jointly operating part of the 55MW Toul Rosieres solar plant in France.
All the three projects combined bring Mitsubishi’s solar power generating capacity in France to 111MW, which is enough to power around 40,000 households.
Mitsubishi has also taken steps to consolidate all renewable energy and conventional Independent Power Producer assets under DGE in order to improve efficiency in the management of assets and business development throughout Europe and Middle East.
