Kallista Energy to buy 32-MW Dutch wind project

Picture: ENERCON wind farm Ersträsk/Nordschweden. Source: Enercon GmbH

December 23 (Renewables Now) - French renewable energy producer Kallista Energy has entered into an agreement to buy a 32-MW wind project in the Netherlands, its first in the country.

Kallista Energy, which is owned by funds advised by private investment house Ardian on behalf of APG Group NV and AXA, is buying a shovel-ready project in Oostflakkee, about 30 km South-West of Rotterdam. The scheme was initiated and developed by a group of local farmers together with Renewable Factory and Van Peperstraten Group.

Enercon will supply the turbines for the project and will also handle the construction work and maintenance. More specifically, the German company will deliver eight E-126 EP3 machines of 4 MW each.

The wind park is expected to be commissioned in the first quarter of 2021. Upon completion, it will be able to generate some 100 GWh a year.

“The Netherlands has ambitious targets for wind energy and the Oostflakkee project was the perfect opportunity for us to expand our activities outside France with the first step of our future Dutch operations in a renewable energy friendly environment,” said Frederic Roche, President of Kallista Energy.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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