Encavis Asset Management AG completes investment phase of EIF II
Encavis Asset Management AG (Encavis AM) has concluded the investing phase of the Encavis Infrastructure Fund II (EIF II), a BayernLB-exclusive alternative investment fund for banks.
The most recent investing operations of the fund occurred in Germany. In Rhineland-Palatinate, EIF II acquired two solar farms with a combined capacity of 45 MW. This year, one solar park is slated to be linked to the grid, and the second park is anticipated to be completed in the first half of 2023.
The diversified portfolio of EIF II now includes 22 wind farms and 21 solar farms in Germany, France, the Netherlands, Spain, and Finland.
Country updates
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December 12, 2022
Commerz Real invests in 50 MW agrivoltaics solar project in Berlin
Commerz Real AG has acquired a 50 MW agrivoltaic solar project close to Berlin, Germany from Elysium Solar. The photovoltaic (PV) farm is anticipated to become operational in 2025. No financial infor...
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December 12, 2022
RWE to build 16.8 MW solar project in North Rhine-Westphalia
The German Federal Network Agency has awarded RWE the contract to construct the 16.8 MW RWE Neuland 1 Solarpark at Hambach Mine in the state of North Rhine-Westphalia, Germany. Approximately 37,000 s...
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December 12, 2022
Repsol and partners to develop 200 MW green hydrogen project in Galicia
Repsol, Naturgy, and Reganosa will build a 200 MW renewable hydrogen project in Galicia, Spain. The former Meirama thermal power station in Cerceda (A Coruña) will house a 100% renewable energy...
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December 08, 2022
Salzgitter secures 250 GWh/year wind power from Engie
Salzgitter has signed a power purchase agreement (PPA) with Engie which is effective in Q1 of 2023 until the end of 2025. The deal covers 250 GWh/year of electricity from 10 German onshore w...
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December 05, 2022
RWE commissions 7.5 MW wind project in Groningen
RWE has commissioned the 7.5 MW Oostpolderdijk wind project on a sea dike in Eemshaven, in the province of Groningen, the Netherlands. Due to the location, the turbine foundations were erected on soi...
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