ERG concludes acquisition of 34 MW of German wind assets
ERG Group closed the acquisition of three wind parks in Germany. The Italian energy company has taken full ownership of the three companies owning the plants.
The wind farms, which have an overall installed capacity of 34 MW and are equipped with 11 Vestas V112 wind turbines, came on stream in 2014. Their average annual output during the past 4 years amounted to around 89 GWh, corresponding to approximately 67,000 t of avoided CO2 emissions per year.
After closing this deal, ERG now has 272 MW of onshore wind installed capacity in Germany.
Country updates
-
-
September 11, 2019
Aquila Capital launches new renewables fund
German renewables investor Aquila Capital has launched a new, open-ended fund that focuses on renewable energy investments. The European Balanced Renewables Fund is set to diversify across Euro...
Read more -
September 09, 2019
Vestas to power 29 MW wind project in Germany
Vestas has received an order for a 29 MW wind power plant from Avacon Natur GmbH, a subsidiary of German utility E.ON SE. The seven V136-4.2 MW wind turbines at a hub height of 166m – the talle...
Read more -
September 03, 2019
ERG Spa enters agreement with Aquila Capital for the purchase of 34 MW German wind portfolio
ERG SpA has entered into an agreement with the German unit of Aquila Capital for acquisition of a 34 MW wind porfolio for a total consideration of EUR 83 million (US$43.2 milllion). U...
Read more -
August 28, 2019
ERG signs agreement to acquire three German wind assets
ERG, through its subsidiary ERG Windpark Beteiligungs GmbH, has signed an agreement with a company controlled by the German investment firm Aquila Capital, regarding the acquisition of a 100% equity s...
Read more -
August 26, 2019
MIRA signs agreement to acquire 400 MW BARD Offshore 1 wind in Germany
Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshor...
Read more
