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Bloomberg
Ingka Investments, the investment arm of Ikea’s biggest retailing group, has bought nine solar park projects in Germany and Spain for about $373 million. The projects are being developed by Germany-based Enerparc AG and expected to be ready for construction at the end of this year, according to an emailed statement.
The solar energy production “will be sufficient to cover all Ikea stores and warehouses in the two countries, making the operations of Ingka in the two countries climate positive,†the company said.