CEE Group secures financing for 250 MWp of solar in Germany, Spain
Solar park Breddin in Brandenburg, Germany. Image by Naturstrom AG.
Renewable energy asset manager CEE Group has inked financing agreements with DAL Deutsche Anlagen-Leasing GmbH & Co. KG for three photovoltaic (PV) projects in Germany and Spain with a total capacity of about 250 MWp.
Two of the projects for ground-mounted plants with a capacity of 50 MWp each are located in the Castilla La Mancha region of central Spain, CEE Group said on Friday.
The third scheme of CEE Group's portfolio to be financed under the deal with DAL is the 154-MWp solar plant that will be built in Doellen, in the German state of Brandenburg. The funding for this project is provided by a consortium of DAL and regional savings banks Sparkasse Oberhessen and Sparkasse Hannover.
The solar plant in Brandenburg should come onstream in the spring of 2023 and feed about 150,000 MWh of clean power to the grid per year, according to an earlier press release.
The contracts between CEE and DAL were signed on September 27 at the international trade fair WindEnergy Hamburg. More details were not disclosed.
Hamburg-based CEE Group has onshore wind parks with an installed capacity of around 622 MW and solar plants with around 718 MWp which generate around 1.4 billion kWh in total.
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