Axpo concludes sale of 74.51 MW French wind farms to Encavis fund

Axpo has concluded the sale of five newly built wind farms in France to a special institutional investment fund managed by Encavis Asset Management AG.

With a total installed capacity of 74.51 MW, the plants are part of Volkswind's portfolio, a subsidiary of Axpo. Both parties have agreed not to disclose details regarding the sale price. The transaction includes five wind projects in the towns of Ablaincourt (14.4 MW), Brillac (12.0 MW), La Brousse and Bagnizeau (22.11 MW), Leigné-les-Bois (14.0 MW), and Yrouerre (12.0 MW). The plants were developed by Volkswind and were commissioned between January and June 2021. Their combined average annual production amounts to about 175,000 MWh of electricity, equal to the consumption of 37,000 households.

The wind farms will become part of the Encavis Infrastructure Fund II.