When fully operational, the project will generate 540m kWh of green energy annually, enough to power over 155,000 households.
The wind farm consists of 22 wind turbines and can produce an average of 100 MWh of electricity per year.
With this acquisition, enercity doubles its total wind power capacity to 712 MW and becomes one of the largest players in German onshore wind.
Gallo Due owns an operational 20.7 MW onshore wind farm in the municipality of Oppido Lucano in the southern region of Basilicata.
The financing, which has a maximum maturity term of 15 years, is the largest ECA-backed green loan Iberdrola has ever signed.
The portfolio projects is located in the Spanish provinces of Palencia and Valladolid.
The sold portfolio consists of eight projects located in northern France in areas selected specifically for high wind speeds, all with tier-1 manufacturers and full-service contracts.
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.
The wind farm comprises 50 E-92 turbines and benefits from a 20-year power purchase agreement with UTE, Uruguay’s state-owned utility.
The portfolio comprises 12 wind farms located in Aragon, North-Eastern Spain and is part of CIP’s €3.5bn Copenhagen Infrastructure III K/S (CI-III) energy infrastructure fund.