Poland's Tauron buying 180-MW wind portfolio

Source: in.ventus group

Polish energy company Tauron Polska Energia SA (WSE:TPE) has signed a deal to buy five wind parks with a combined capacity of 180 MW from the in.ventus group.

Tauron has agreed to acquire the assets for EUR 137 million (USD 150.5m) in total. The investment will increase its onshore wind portfolio to 380.75 MW and its overall renewable energy portfolio to 619 MW.

The following table includes details about the wind farms being acquired from in.ventus.

Name	Number of turbines	Total capacity
Sniatowo	16	32 MW
Mogilno	17	34 MW
Inowroclaw	16	32 MW
Dobrzyn	17	34 MW
Goldap	16	48 MW

All of these plants are located in the north of Poland and in areas with favourable wind conditions. They were commissioned in the period 2009-2011 and produce, on average, about 450,000 MWh per year.

The agreed acquisition of the wind farms is part of Tauron’s strategy to significantly increase the share of low and zero-emission sources in the group’s total installed capacity. It intends to invest in a further 900 MW of onshore wind farms and 300 MW of solar parks by 2025, while also engaging in the construction of offshore wind farms.

Tauron’s goal is to raise the share of low- and zero-emission sources in its portfolio to almost 30% by 2025 and over 65% by 2030.

(EUR 1.0 = USD 1.098)

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