Statkraft Acquires 346 MW Wind Portfolio in Germany and France

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Wind farm in Navarre, Spain at sunset. Renewable energy concept.

Norwegian renewable energy producer Statkraft has acquired the German and French wind power portfolio with an installed capacity of 346 MW from Breeze Three Energy.

This includes 39 wind farms across Germany and 4 wind farms in France.

The acquisition marks the market entry as an owner of a wind farm portfolio in Germany and France and is in line with Statkraft’s strategy to ramp up as a wind and solar developer and become one of the leading renewable energy companies globally.

In Germany, the company has gained an installed capacity of 311 MW with wind farms with a total of 187 turbines and in France, the acquired portfolio has a total capacity of 35 MW from 16 wind turbines.

The age of the German wind farms varies between 13 and 22 years and the age of the French wind farms varies between 13 and 14 years.

Statkraft said that the deal marks its market entry as an owner of a wind farm portfolio in the two countries.

“The acquisition further strengthens our role as a key renewables player in Europe and gives us the ability to further grow our portfolio in Germany and France,” says EVP European Wind and Solar Birgitte Ringstad Vartdal.

“With our solid experience in developing, managing, operating and marketing renewable assets, Statkraft is the right owner of the acquired wind farms to continue optimising operations and to bring part of the portfolio into lifetime extension,” she added.

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