Eurowind Energy Acquires Two Permitted Onshore Wind Projects Totalling 86.7 MW in Saxony and Mecklenburg-Vorpommern

Eurowind Energy has acquired two BImSchG-permitted onshore wind projects in Germany totalling 86.7 MW: a seven-turbine wind farm (43.5 MW) in Saxony and a six-turbine wind farm (43.2 MW) in Mecklenburg-Vorpommern. Backed by Blackstone, Eurowind continues its German growth strategy amid challenging market conditions.

Transaction date: · Source: eurowindenergy.com

Key facts

Transaction date
Technology
Onshore Wind
Capacity
86.7 MW
Transaction price
Not disclosed
Country
Germany
Region
Saxony and Mecklenburg-Vorpommern
Location
Saxony (43.5 MW) and Mecklenburg-Vorpommern (43.2 MW), Germany
Continent
Europe
Development status
Under Development
PPA
n.a.

Technology details

Two BImSchG-permitted onshore wind projects: seven wind turbines in Saxony (43.5 MW total) and six wind turbines in Mecklenburg-Vorpommern (43.2 MW total). Both projects are fully permitted under German federal immission control law.

Additional information

Seller not disclosed. Eurowind Energy is backed by Blackstone. The acquisition is described as notable given challenging market conditions including rising financing costs, regulatory changes and intense competition. Eurowind Energy is active in 16 European markets and recently acquired EnBW's Swedish and Danish renewable energy platforms.

Source

Original announcement: https://eurowindenergy.com/de/informationen/presse/trotz-herausfordernder-marktbedingungen-eurowind-energy-investiert-weiter-und-erwirbt-zwei-genehmigte-windparks-mit-insgesamt-knapp-87-mw-in-deutschland

Related transactions

Explore more