Trianel Erneuerbare Energien GmbH & Co KG (TEE) said today it has bought the 17.25-MW Buchenau wind project in the German federal state of Hesse from developer ABO Wind AG for an undisclosed price.
The particular project involves erecting five Vestas V126 3.45 turbines at a site in the municipality of Eiterfeld. The installation of the machines is expected to start next month.
Upon completion, the wind park will be operated by ABO Wind. It is expected to generate some 46 million kWh of electricity per year, enough to power about 16,000 three-person homes.
TEE’s goal is to operate at least 275 MW of onshore wind and ground-mounted solar photovoltaic (PV) parks by 2018. Its current portfolio includes 41.25 MW of wind capacity and two 10-MW solar parks.
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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.