Triodos Energy Transition Europe Fund Sells 50% Stake in 34.5 MW Midlum Wind Farm in Lower Saxony to Enova
Triodos Energy Transition Europe Fund has sold its remaining 50% stake in the Midlum wind farm in Lower Saxony, Germany, to existing co-owner Enova Value GmbH. Comprising 70 Enercon turbines with a total capacity of 34.5 MW, Midlum is one of Germany's oldest large-scale wind farms. Triodos has been invested since 2010 and is recycling capital into newer energy transition technologies.
Transaction date: · Source: linkedin.com
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 34.5 MW
- Transaction price
- Not disclosed
- Buyer
- Enova Value GmbH
- Seller
- Triodos Asset Management
- Country
- Germany
- Region
- Lower Saxony
- Location
- Midlum, Lower Saxony, Germany
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
70 Enercon wind turbines with a total installed capacity of 34.5 MW. One of Germany's oldest large-scale wind farms. Provides clean energy for approximately 15,000 households. Wind farm is approaching the end of its operational life.
Additional information
Triodos Energy Transition Europe Fund held a 50% stake and has been involved since 2010. Enova Value GmbH was the existing co-owner and acquires the remaining 50% stake to become sole owner. The transaction allows Triodos to recycle capital from a maturing asset into newer technologies aligned with its energy transition strategy.
Source
Original announcement: https://www.linkedin.com/company/triodos-investment-management-b.v./posts/?feedView=all