Statkraft snaps up 346 MW of wind farms in Germany, France

Statkraft AS has purchased 346 MW of wind farms in Germany and France from wind farm operator Breeze Three Energy for an undisclosed sum.

The Norwegian renewable energy generator said today the acquisition of Breeze Three Energy’s portfolio in the two countries is in keeping with its strategy of stepping up wind and solar development and becoming one of the leading renewable energy companies globally.

The portfolio consists of 39 wind farms across Germany totalling 311 MW and four wind farms in France with a combined capacity of 35 MW. The age of the facilities is between 13 and 22 years.

“We aim to be a major wind and solar developer with a development rate of 2.5 to 3 gigawatts per year towards 2025,” Statkraft executive vice president European wind and solar Birgitte Ringstad Vartdal said, adding that the acquisition enables the company to further grow its portfolio in Germany and France. Lifetime extension is planned for part of the portfolio.

The assets are diversified by turbine manufacturers, according to the announcement. The German wind farms have a total of 187 turbines and an average annual yield of around 463 GWh. The French sites comprise 16 wind turbines with an average annual output of around 60 GWh.

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