European Commission clears Macquarie's acquisition of 400 MW BARD Offshore 1 wind farm in Germany
The European Commission has approved Macquarie Group's acquisition of Ocean Breeze Energy, which owns the Bard Offshore 1 wind farm in the German North Sea, from Unicredit.
The commission concluded that the acquisition raised no competition concerns as the companies are not active in the same or related markets.
The transaction was examined under the simplified merger review procedure.
BARD Offshore 1 is comprised of 80 BARD 5.0 turbines adding up a total capacity of 400 MW. It is positioned 100 kilometres off the coast of northwestern Germany. Comprised of 80 Bard 5.0 VM wind turbines spread over 59 square kilometres, the project harnesses powerful North Sea winds to supply the equivalent of approximately 463,000 households with clean electricity each year. The project has been in operation since August 15, 2013.
Country updates
-
-
October 01, 2019
E.ON to soon carry out a merger squeeze-out at innogy SE
E.ON has informed the innogy Management Board about its intention to fully integrate the company into the E.ON group, immediately after the European Commission approves the acquisition of the innogy s...
Read more -
September 30, 2019
Final wind turbine installed at 112 MW Albatros offshore wind farm in the German North Sea
The last turbine of the offshore wind farm EnBW Albatros has been installed. EnBW is building two large wind farms in the North Sea with a total installed capacity of 609 megawatts: Hohe See with 71 w...
Read more -
September 25, 2019
EDF Renewables completes acquisition of 300 MW German wind projects
EDF Renewables is announcing the acquisition of a wind projects pipeline of around 300 MW under development across Germany from Altus AG. Altus AG will pursue the local development of these projects c...
Read more -
September 23, 2019
RWE to offload 76.8% stake in Innogy SE to E.On
The European Commission has approved, under the EU Merger Regulation, the acquisition by E.ON of Innogy's distribution and consumer solutions business as well as certain of its electricity generation...
Read more -
September 20, 2019
CEE Group invests in 14 MW Mohlis Wind Farm in Germany
CEE Group has acquired juwi Group's Mohlis Wind Farm in Germany. The purchase price was not disclosed. Debt financing was provided by a longstanding partner of the juwi Group: Berliner Volksbank e.G....
Read more
