Commerz Real invests in two wind projects in Brandenburg
Commerz Real, the asset manager for real asset investments in the Commerzbank Group, has acquired two wind farms in the Brandenburg municipalities of Langenrieth (117 kilometers south of Berlin) and Freiwalde (66 kilometers south of Berlin) from the UKA Group.
Langenrieth II wind farm went into operation in December 2019 and encompasses two Vestas V117 wind turbines with a total installed capacity of 6.9 megawatts. The Vestas V136 turbine in Freiwalde Nord I wind farm has an installed capacity of 4.2 megawatts and went into operation in July 2020. Together they generate approximately 29 gigawatt-hours of renewable energy per year, which corresponds to the average consumption of about 7,600 German four-person households.
There is a full-service agreement for 20 years with Vestas Wind Systems A/S. The term of the guaranteed feed-in remuneration pursuant to the Renewable Energy Sources Act (EEG 2017) is 20 years. UKB Umweltgerechte Kraftanlagen Betriebsführung GmbH is responsible for the commercial and technical operational management of the turbines.
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