•  
  •  
  •  

to-the-point: De Raj Group to buy 99 MWp of solar capacity in Europe

Solar power station in Germany. Featured Image: anyaivanova/Shutterstock.com

August 21 (Renewables Now) - German renewable and conventional generation company De Raj Group AG (ETR: DRJ) plans to acquire a series of solar power plants in Europe with a combined capacity of 99 MWp, it announced today.

De Raj Group said it will work with Wattkraft Group to ensure the completion of the plants and the pair expects to cooperate on more projects in the future.

The buyer will be acquiring those assets as part of a strategy to build a green investment portfolio, it noted.

The company expects to sign a formal agreement for those purchases on September 2, 2019.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

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

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription