Encavis completes acquisition of 11.5 MW Svoldrup wind farm in Nordjylland
Encavis AG has completed the acquisition of 11.5 MW Danish wind farm Svoldrup in the North of Jutland that has been already connected to the grid.
Encavis acquired yet five of the six wind turbines in a total of the type Siemens 2.3-93 (2.3 MW each), 126 meters high each of the wind generation plant, that was built in 2010. All in an excellent technical condition producing Green Energy since then very reliable. The sixth wind turbine is already owned by Encavis since 2019.
Revenue of the electricity production of the wind farm is fixed until the end of 2023 by a pay-as-produced power purchase agreement (PPA). Encavis will fix another long-term PPA with a new party for the period post-2024.
Country updates
-
-
April 07, 2022
Ørsted partners with AXA IM Alts and Crédit Agricole Assurances on Hornsea 2 Offshore Wind Farm
Ørsted has signed an agreement to divest a 50% ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Cr&e...
Read more -
April 01, 2022
European Energy signs LoI for 120 MW electrolyzer for Power-to-X project in Aalborg
European Energy and the Port of Aalborg have signed a Letter of Intent (LoI) that secures European Energy an option for a 25-hectare area at the Eastern Port in Aalborg, which is planned to be the loc...
Read more -
March 01, 2022
Danish pension fund invests in AIP Infrastructure II
Lærernes Pension has acquired a DKK1 billion (US$152 million) stake from PKA in AIP Infrastructure II, a fund focused on energy transition investments in Europe and North America. This transact...
Read more -
February 22, 2022
European Energy takes 50% stake in 160 MW Lillebaelt Vind wind project
European Energy A/S, a Copenhagen-based renewables developer, has bought a 50% stake in a 160 MW offshore wind project in South Denmark from Sonderborg Forsyning, a local utility. In 2027, the...
Read more -
February 07, 2022
CIP launches its Green Credit Fund I with EUR1bn target
Copenhagen Infrastructure Partners (CIP) has launched its first debt fund – CI Green Credit Fund I (CI GCF I) – with EUR320 million (US$365.94 million) in seed capital. Marketing of the fu...
Read more
