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Spain's Acciona Has No Plans for Energy Division

Posted by October 5, 2015

Spain's Acciona has no further plans for its energy division in the short term, director of corporate development Juan Muro Lara said on Monday during a conference call on Nordex (NDX1.HA)'s acquisition of its wind power business.

Muro Lara also noted that a three-year lock up period agreed between Nordex and Acciona was for the Spanish company not to increase its stake in the German group in that period.

(Reporting by Jose Elias Rodriguez)

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