December 30 (Renewables Now) - Danish wind and solar park operator Eurowind Energy A/S has acquired compatriot SE Blue Renewables and its onshore wind fleet totalling 184 MW.
The acquisition will be effective December 31, 2019, Eurowind said last week. Under its terms, the Danish renewables developer and operator will take possession of the 184-MW wind portfolio consisting of 222 operational turbines, the 26-turbine Overgaard repowering project being implemented in Randers municipality, and a number of development projects.
SE Blue Renewables was set up in 2013 as a joint venture between Denmark’s largest pension company, PFA Pension, and SE, now part of Norlys, through the duo’s acquisition of DONG Energy's Danish onshore wind business.
As of January 2019, Eurowind Energy is 50/50-owned by EWE Holding ApS and Eniig Renewables A/S. The latter merged with SE early this year, which opened the opportunity for Eurowind Energy to acquire SE Blue Renewables, said CEO Jens Rasmussen. He added that the deal will bring synergies for the two companies.
Following the deal, Eurowind Energy's portfolio grows to around 600 MW of operational and 400 MW of projects.