Platform for institutional and wholesale investors will initially develop 333MW solar project

Chinese turbine manufacturer to trade on the Shanghai Segment of the main market

€480m fund will acquire 49% stake in projects in Norway, Sweden as well as future schemes in UK

Board concludes an equivalent firm offer from Blofeld and Al Gihaz would likely lead to recommendation to shareholders

Rights issue will ‘safeguard against risks from the short-term headwinds affecting the industry’

Company expects to raise gross proceeds of up to €200m to finance 3.3GW of assets