Encavis buys 81 MW Danish wind portfolio
Encavis AG has acquired a portfolio of eight wind parks which are already in operation with a total capacity of 81 MW in Denmark. The advantage of this portfolio is the diversified local wind risk of the eight locations.
High-quality turbines of Vestas and Siemens Gamesa provide a technical availability above 99%. The OEMs service them with industry-standard long-term maintenance contracts with terms of 3 to 15 years. Annual power production of around 214,000 megawatt-hours corresponds to the energy consumption of more than 50,000 households.
The enterprise value of the Danish wind park portfolio amounts to around EUR108 million (US$120 million) with an equity share of just under EUR52 million (US$57 million) of Energi Danmark A/S.
Country updates
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December 13, 2019
European Energy to divest 22.4 MW wind project in Jutland
European Energy A/S has signed an agreement for the sale of a wind farm in Denmark with a total capacity of 22.4 MW to a German investment management firm. The wind farm is located in Jutland. It was...
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December 11, 2019
CI New Markets Fund I reaches US$1bn final close
Copenhagen Infrastructure Partners’ new fund, Copenhagen Infrastructure New Markets Fund I (CI NMF I), reached the final close on November 18, 2019, with Limited Partners' commitments of US$1.0b...
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November 19, 2019
Denmark selects CfD model for 800 MW Thor offshore wind project in the North Sea
The Energy Settlement Circle has established a competition model for the supply of the Thor offshore wind farm. The chosen model means that the Danish wind resource can be harvested in a cheap and com...
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November 08, 2019
Great news for Denmark's and Netherlands' energy supply
Prysmian Group has completed the HVDC test on the 700 MW submarine interconnector COBRAcable that links The Netherlands and Denmark. COBRAcable is a very innovative and tight schedule turn-key project...
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October 31, 2019
Denmark approves final section of Nord Stream 2 gas pipeline
The Danish Energy Agency (DEA) has approved Gazprom´s application for the final section of the EUR 9 billion (USD 10 billion) Nord Stream-2 gas pipeline which will transport natural gas fro...
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