CHORUS Clean Energy AG buys 20 MW solar and wind energy plants in Germany

CHORUS Clean Energy AG has acquired additional solar and wind parks in Germany with a total generation capacity of almost 20 MW for a Luxembourg special fund managed by the company.

The solar park in Saxony-Anhalt has a total capacity of about 5.2 MW, while the wind park in Thuringia has a total capacity of approx. 14.4 MW.    

Karsten Mieth, member of the Management Board of CHORUS Clean Energy AG, said:

“We are very happy that the institutional investor in our special fund has once again increased its investment. This clearly shows that it is convinced of the expertise of our asset managers and our possibilities to access profitable projects.”

The solar park in Draschwitz, Saxony-Anhalt, is situated about 30 kilometres south-west of Leipzig and comprises 19,800 photovoltaic modules built by renowned manufacturer Canadian Solar. The ground-mounted solar panels have been connected to the power grid since February 2017 and benefit from a guaranteed feed-in tariff of 8.91 euro cents per kilowatt hour (kWh) payable until the end of 2036.

The Wipperdorf wind park in the district of Nordhausen, Thuringia, comprises six Nordex N117 wind power generators with a hub height of 141 metres and a rated output of 2.4 MW each. The wind power generators were taken into operation between February and May 2017. The park thus benefits from a guaranteed feed-in tariff of 8.25 euro cents per kWh. It was sold by project developer VSB.

Marko Lieske, Managing Director of VSB Holding GmbH, commented:

“We are pleased that CHORUS, a member of the Capital Stage Group, has again acquired an attractive onshore location and we do consider further projects with respect to cooperation”, says Marko Lieske, Managing Director of VSB Holding GmbH."