DEME Group completes sale of 12.5% stakes in 396 MW Merkur wind farm project
DEME Group, which through its subsidiary DEME Concessions, has completed the sale of its 12.5% stakes in the 396 MW Merkur wind farm project located approximately 35 km north of the islands of Borkum, Germany, in the North Sea.
The Dutch pension fund APG and The Renewables Infrastructure Group Ltd (TRIG) have now fully taken ownership of the offshore wind farm project. Merkur Offshore GmbH, the operator of the wind farm, will now be owned by APG Asset Management NV (64%) and TRIG (36%).
The project comprising of 66 General Electric Haliade‐150 6‐MW offshore wind turbines was fully commissioned in June 2019. The project benefits from a guaranteed Feed-in-Tariff until 2033 and has a 10-year O&M agreement with GE Renewable Energy for the service and maintenance of the turbines.
Country updates
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May 11, 2020
Contract awarded for major transmission project in Germany
NKT GmbH & Co KG have been awarded a large turnkey contract of approx. EUR500 million (US$541.66 million) by the German transmission system operator 50Hertz. The contract comprises supply and inst...
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May 05, 2020
Energiekontor, Engie sign PPA in 41.5 MW solar project in Mecklenburg-Vorpommern
France's Engie SA and Germany’s Energiekontor AG have signed a 15-year power purchase agreement (PPA) for the energy produced for a solar project in the state of Mecklenburg-Vorpommern...
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April 23, 2020
Encavis invests in 55 MW wind and solar assets
Encavis Asset Management AG, a subsidiary of solar park and wind farm operator Encavis AG, has recently acquired three solar parks in The Netherlands and one wind farm in Germany with a total generati...
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April 17, 2020
Final investment decision for 342 MW offshore project in Germany
Innogy SE has made the final investment decision for the construction of the 342-megawatt wind farm, which is to be built 35 kilometers north of the island of Helgoland, off the German coast.&nbs...
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April 06, 2020
First State Investments buys 45.1% interest in MVV Energie
First State Investments, EnBW Energie Baden-Württemberg AG and RheinEnergie AG have signed an agreement on the sale of 45.1% share in MVV Energie AG. First State Investments will acquire the...
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