Sale completed of Krzecin and Kuslin onshore wind farms in Poland
Octopus Renewables Infrastructure Trust (ORIT) has completed the sale of the Krzecin and Kuslin onshore wind farms having a combined capacity of 59 MW in Poland to an affiliate of Orlen.
ORIT is set to receive around GBP 92 million (USD 116 million) in net proceeds from the transaction, surpassing the upper end of the company's anticipated range when entering the sale agreement in October 2023. The Krzecin and Kuslin wind farms were acquired by ORIT during their construction phase in October 2021, and the company effectively oversaw the construction processes, successfully commissioning the wind farms in 2022. This strategic and accretive sale aligns with the company's broader strategy to unlock capital by divesting a select number of assets.
Country updates
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November 16, 2023
USD 542.5 Million Contracts awarded for offshore wind farms project in Baltic Sea and Taiwan
Van Oord has won the transport and installation contracts for offshore wind farms Baltic Power in the Baltic Sea and Greater Changhua 2b and 4 in Taiwan. Van Oord is set to transport and install 78 f...
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October 20, 2023
Loan granted for 50.4 MW Przyrów wind project in Poland
Polish media group Cyfrowy Polsat SA has struck a deal to obtain PLN 360 million (USD 84.8 million) in debt from Switzerland-based EFG Bank Ltd for a 50.4-MW wind project in the village of Przyrow, Cz...
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October 19, 2023
Agreement signed to acquire 334 MW Hybrid Wind & Solar Project in Poland
Energa Wytwarzanie SA has signed a preliminary agreement to buy 100% of shares in Lewandpol Holding, the owner of a 334 MW hybrid wind and solar project in Greater Poland.
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September 13, 2023
USD61 Million Agreement signed to sell 20 MW onshore wind farm in Bejsce
OX2 has signed an agreement to sell a 20 MW onshore wind farm to Enea Nowa Energia in Bejsce, Poland. The contract value is SEK680 million (US$61.1 million) and the sale was completed in the...
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September 11, 2023
Equinor acquired onshore wind farm from Helios Group
Equinor has acquired a 26 MW onshore wind farm from the Helios Group in Poland. The Wilko wind farm, situated in Poland's Wielkopolska province, will be under the operation of Wento, which is Equinor...
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