Downing investment trust buys Swedish hydropower plants from Fortum By Reuters

LONDON (Reuters) – Downing Renewables & Infrastructure Trust on Tuesday said it has completed the acquisition of eight hydropower plants in Sweden from Fortum Sweden for about 65 million euros ($78 million).

The hydropower plants in central and southern Sweden have an annual average production of 108 gigawatt hours, the investment trust said.

($1 = 0.8314 euros)