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Aquila Capital acquires two operational wind parks in Germany

Published 17 October 2016

Aquila Capital has acquired two operational wind parks in Germany, increasing its wind energy portfolio to an installed capacity of about 720MW.

The wind parks have an installed capacity of 34 MW and 46 MW respectively, making them comparatively large assets within the German wind market. 

The wind turbines, which are located in Mecklenburg-Vorpommern and Brandenburg, were acquired by Aquila Capital from one of Germany’s largest project developers.

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 dedicated asset management team.

Aquila Capital, Solar & Wind Head Boris Beltermann 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.”

Aquila Capital Real Asset Group Investment Head Michaela von Grafenstein said: “There is strong demand from professional investors for wind projects at attractive sites with good wind resources.

"The acquisition of these parks highlights Aquila Capital’s expertise in identifying and realising attractive investment opportunities in a highly competitive market such as Germany.”

Source: Company Press Release