Energiequelle GmbH has sold the French wind farm Broons/Biterne-Sud. The wind farm was acquired by an entity managed by Octopus Renewables. The wind farm is located in the department of Côtes d’Armor in north-east Brittany and received the final modification permit in February 2019. The park consists of six Enercon E-92 turbines, which are equipped with precast concrete towers at two different hub heights. Four turbines have a hub height of 104 m, the other two are 98 m high. The reason for this is an overall height limitation on the part of air traffic control. The total output of the park is 14.1 MW and is connected to the ENEDIS electricity grid via two transfer stations.
Octopus Renewables is a specialist clean energy investor. Launched in 2010 its mission is to accelerate the transition to a future powered by renewable energy. It has a diverse portfolio of assets with a capacity of over 3.0GW across 9 countries and 7 technologies.
Julia Timm, who is responsible for the sales of our French projects, is proud of the successful completion of the project: “We are very pleased to have gained Octopus Renewables as a new investor and partner for what we hope will be a long-term cooperation.”
Energiequelle was advised by Envinergy on the transaction. Envinergy is a financial and M&A advisor specialising in renewable energy (wind, hydro and solar) with 22 employees offering a high level of expertise in valuation, transaction and financing.
Energiequelle has sold three wind and solar farms in France this year, and two further transactions for a total of 27 MW are scheduled for 2022.
Image source: Courtesy of Energiequelle GmbH
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