Electricité de France S.A. proposed to acquire Two battery storage systems in South Africa from ABO Energy GmbH & Co. KGaA (XTRA:AB9) on November 30, 2023.
Electricité de France S.A. completed the acquisition of Two battery storage systems in South Africa from ABO Energy GmbH & Co. KGaA (XTRA:AB9) on November 21, 2024.
ABO Energy GmbH & Co. KGaA, formerly, ABO Wind AG, is a Germany-based company engaged in development of wind energy projects both domestically and internally. The Company plans and develops wind farms in Germany, France, Spain, Ireland, the United Britain, Belgium, and Bulgaria. It initiates projects, acquires locations, manages technical and commercial planning, prepares financing, and erects the wind farms. Furthermore, it engages planning and building of biogas plants. The Company, in addition to their own projects, manages wind farms on behalf of international operators. The project portfolio encompasses approximately 400 wind energy turbines with a total capacity of over 700 megawatts (MW), it is the parent company of ABO Wind Group. Within the group, the Company has a minority stake in ABO Invest AG, which is engaged in operation of plants throughout Europe for the power generation from renewable energy sources.
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