The project developer and the energy supplier successfully closed the transaction on 9 December after brief negotiations. Thanks to the acquisition of the two wind farms, ENOVA looks back on a successful business year in project development and investment management with a total of six acquired wind farms and one repowering permit.

"With the purchase of the two wind farms and their repowering, we are further advancing the German energy transition. We are pleased that we were able to complete the transaction so smoothly and within the shortest possible time," says ENOVA Managing Director Hauke Brümmer.

“The EWII Group is also committed to promoting the green transition of the energy sector in the future. We are convinced that we can provide the most sustainable impact in Denmark in direct proximity to our customer base. We are therefore happy to hand over two of our German windparks to a buyer we know is equally dedicated to supporting carbon-neutral power production. We wish ENOVA all the best with the new acquisition,” adds Oliver Wolgast, Executive Vice President, Renewables, Trading and Consulting at EWII Group.

In this transaction, ENOVA was advised by Kapellmann und Partner and EWII by Deloitte and Kromann Reumert.

 

 

For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global's Autumn 2021 issue

The Autumn issue of Energy Global features a varied spectrum of in-depth technical articles detailing recent projects, future projections, and technological advancements in the renewables sector, from companies including MISTRAS Group, Fugro, X1 Wind, Sulzer, and more.