December 16 (Renewables Now) - Hamburg-based asset manager CEE said today it has acquired a 12-MW wind farm in Germany from Dutch developer DunoAir, without disclosing the value of the purchase.
The so-called Schwalbach wind farm, located in the state of Saarland, has been generating electricity since June 2018 with four Enercon E-115 turbines. Last year, the output of the machines was nearly 35 million kWh, which can help save more than 26,000 tonnes of carbon dioxide (CO2) emissions per year.
Following the acquisition, CEE Operations GmbH will take care of the power plant’s commercial management, while DunoAir Windpark Management BV will oversee its technical management.
The purchase expands CEE’s portfolio of onshore wind energy assets to around 435 MW. The private equity group’s CEO Detlef Schreiber noted that the company sees “further growth potential” on the German market. Apart from wind, CEE also owns solar photovoltaic (PV) plants with a combined capacity of 315 MWp.