Dutch insurer ASR buys coastal wind park in Groningen
The Strekdammen wind farm in Groningen, the Netherlands. Source: ASR Nederland NV (www.asrnl.com).
Dutch insurance company ASR Nederland NV said on Friday that through its unit a.s.r. real estate, it has acquired the recently-completed Strekdammen wind farm in Groningen from originators Pondera and Rebel.
The acquired facility consists of two turbines with a combined capacity of 11 MW, erected at the breakwaters in Eemshaven. It has been in operation since mid-2022 and is capable of producing enough electricity to supply about 15,500 households. The plant currently sells its output to Greenchoice and this will continue to be the case, according to the announcement.
“Despite the technical challenges of the project, caused by difficult coastal conditions, the realisation of the wind farm was completed on schedule and within the set budget,” said Hans Rijntalder, chairman of Pondera.
A.s.r. real estate has now acquired four wind farms – Strekdammen, Jaap Rodenburg in Almere, de Nieuwe Hemweg in Amsterdam and part of the Ariane wind farm in Wieringermeer – as well as the Pesse solar park.
The insurance company targets making EUR 4.5 billion (USD 4.39bn) in impact investments by the end of 2024.