With this acquisition, enercity doubles its total wind power capacity to 712 MW and becomes one of the largest players in German onshore wind.
The project, led by Swedish energy company Vattenfall is expected to become fully operational in 2023 and is the first non-subsidised wind farm project in the Netherlands.
The portfolio consists of five wind farms with a total capacity of 44.675 MW.
The refinancing of Deutsche Bucht offshore windfarm that WFW advised on, has won the Top Refinancing award at inspiratia’s Energy and Sustainability Awards.
QSIL AG is a leading producer of fused quartz products and specialty glass products and solutions.
FERNAO was set up by private equity funds advised by AUCTUS Capital Partners in 2015 as a build-and-buy platform initially to acquire Magellan Netzwerke GmbH.
WFW has advised Commerz Real AG on the acquisition, via its impact fund klimaVest, of the 58.8 MW Kuuronkallio onshore wind farm in Finland from German developer wpd.
Construction is to begin in 2022, with commercial operation to be achieved the following year. Once operational, it will generate green energy equivalent to the electricity needs of up to 290,000 households.
The 252 MW Deutsche Bucht is located in the German North Sea approximately 95km northwest of Borkum and was connected to the grid in 2019.
The wind farm comprises 50 E-92 turbines and benefits from a 20-year power purchase agreement with UTE, Uruguay’s state-owned utility.