May 17 (Renewables Now) – Hanover-based power provider Enercity AG stated at present it has agreed to accumulate a 365-MW portfolio of onshore wind farms in Germany in a deal that may double its complete wind technology capability to 712 MW.
The Horizon portfolio consists of 60 onshore wind parks with 166 generators most of that are positioned in windy areas in north-western Lower Saxony. Other wind farms are positioned in the states of Brandenburg, Saxony and Saxony-Anhalt.
The buy will enhance Enercity’s annual energy manufacturing by 767 GWh and lift the share of renewables to over 50%.
The acquired wind parks offset 920,000 tonnes of carbon emissions a yr and provide some 240,000 households.
Enercity famous that the belongings have excessive repowering potential.
The deal was signed on May 16 and its closing is topic to regulatory approval.
With the acquired portfolio, Enercity is making an necessary step in the direction of its objectives on the best way to local weather neutrality, stated chief government Susanna Zapreva. The firm goals to broaden the share of inexperienced electrical energy manufacturing to 85% by the top of the last decade.
The belongings had been acquired from the homeowners of German wind power investor Norderland Group who’ve progressively constructed up the portfolio because the Nineteen Nineties.
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Enercity snaps up 365-MW onshore wind portfolio in Germany & More Latest News Update
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Enercity snaps up 365-MW onshore wind portfolio in Germany & More News Today
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