CEE Group invests in 14 MW Mohlis Wind Farm in Germany

CEE Group has acquired juwi Group's Mohlis Wind Farm in Germany.

The purchase price was not disclosed. Debt financing was provided by a longstanding partner of the juwi Group: Berliner Volksbank e.G. with whom CEE has worked with on a number of transactions.

The Mohlis wind farm, located about 20 kilometers northeast of the city of Gera in Thuringia, consists of four Vestas V136 turbines, each with an installed capacity of 3.6MW. The hub height is 149 meters, the rotor diameter 136 meters. Each year, the plants generate together around 50 million kilowatt hours of climate-friendly electricity. This corresponds to the annual consumption of more than 16,000 households. Compared with power generation from fossil fuels, the wind farm saves 37,600 tonnes of CO2. The technical operation of the plants is provided by Juwi Operations & Maintenance GmbH.