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IKEA stores owner buys 49% stake in Swedish wind power projects

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STOCKHOLM  – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49-percent stake in three wind development projects offshore Sweden from renewables development company OX2 for 58 million euros ($57.5 million). Ingka Investments, the investment arm of Ingka Group, said in a statement the early-stage projects […]

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