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BayWa r.e. offloads 17.25-MW wind farm in Austrian Alps

Fuerstkogel wind farm, Austria, BayWa r.e. Image by BayWa r.e.

January 14 (Renewables Now) - BayWa r.e. renewable energy GmbH, a unit of German diversified group BayWa AG (ETR:BYW6), on Tuesday said it has sold a 17.25-MW wind power plant in the Austrian Alps.

The Fuerstkogel wind farm was built by BayWa's Austrian subsidiary ECOwind at 1,400 metres (4,590 feet) above sea level in the communities of Fischbach and Stanz in Steiermark. The five V126 turbines by Vestas Wind Systems A/S were commissioned recently, producing about 45 GWh of power a year.

The winning bid for the wind farm was made by a German insurance company advised by Encavis Asset Management AG, part of Encavis AG. This is the fourth wind farm built by ECOwind and acquired by Encavis its investors in the past six years.

“The wind farm in the Fischbacher Alps once again shows our skill at dealing with the complex demands of wind energy projects in semi-mountainous regions where temperatures, wind, snow, ice and altitude pose particular challenges for people, machines and equipment," ECOwind managing director Johann Janker.

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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