Another big deal in the final weeks of December, by another investment player. The question is - who's next? In Portugal, Finerge and Tecneira were already bought this year. There are probably a few more €400-€500mln targets in Spain like CESA or Molinos del Ebro, and perhaps more foreign utilities will divest like Energi E2 or RWE Harpen. Italy's other independent players like Fri-El and Sanseverino are still small at under 100 MW apiece - but next year there will surely be another round taking a look at these guys.
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