CEE buys 24 MW of German wind projects from Juwi

Hamburg-based asset manager CEE Group has purchased 23.6 MW of wind turbine capacity in Germany from domestic renewables developer Juwi AG.

The deal includes the acquisition of two under-construction wind parks, namely the 11-MW Ebenheim plant in the state of Thuringia and the four-turbine Haunetal wind farm in Hesse, of which CEE bought 12.6 MW. The 16.8-MW Haunetal plant has four Vestas V150 turbines of 4.2 MW each. While CEE became the owner of three of those machines, the last one was designed as a community project.

The Ebenheim wind park in Gotha district is equipped with two GE 5.5-120 turbines with a hub height of 161 metres (528.2 ft). Both plans are planned to be brought online in the summer of 2021.

Financial details about the acquisition were not disclosed. Deutsche Kreditbank AG and Berliner Volksbank eG financed the purchase.

Juwi and CEE have been partnering since 2011 and have so far implemented over 800 MW of projects, said Detlef Schreiber, CEO of the CEE Group. Following the deal, its onshore wind turbine capacity has increased to 528 MW.

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