Encavis buys 18.5 MW of wind and solar assets

Encavis Asset Management AG has acquired additional wind and solar farms in France and The Netherlands. These investments are now part of the Encavis Infrastructure Fund II (EIF II), a special fund for banks distributed exclusively by BayernLB.

A purchase agreement for the Bois Gautier wind farm, located in the west of France with a total generation capacity of 11.75 MW has been signed with Energiequelle GmbH. The wind farm consisting of five Enercon E-92 wind turbines was newly built and started operations at the end of September 2020.

In addition, the Dutch solar park Tynaarlo will be expanded by 6.7 MW by the end of this year. The Tynaarlo 2 floating solar farm will be built on a quarry pond not far from the city of Groningen. The PV system is being developed and implemented by the Dutch project developer GroenLeven, a member of BayWa r.e. Group.