Aquila Capital Adds Two German Wind Projects To Portfolio

Posted by Lauren Tyler on September 14, 2016 No Comments
Categories : Projects & Contracts

Aquila Capital, an alternative investments provider, says it has acquired two operational wind parks in Germany, increasing the company’s wind energy portfolio to an installed capacity of approximately 720 MW.

According to Aquila, the wind projects have an installed capacity of 34 MW and 46 MW, respectively, making them comparatively large assets within the German wind market.

The turbines, which are located in Mecklenburg-Vorpommern and Brandenburg, were acquired by Aquila Capital from one of Germany’s largest project developers. The company states that the wind parks were connected to the grid at the end of 2014 and since then have been generating electricity, benefiting from a guaranteed feed-in tariff for a period of 20 years. The wind parks will be managed by Aquila Capital’s asset management team.

Boris Beltermann, head of solar and wind at Aquila Capital, said, “We are delighted to have acquired these attractive projects. Their significant size in combination with a stable feed-in tariff will contribute to, and further diversify, our investors’ portfolios.”

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