Statkraft Acquires Wind-Power Portfolio in Germany and France

Norwegian renewable energy producer, Statkraft, has recently completed the acquisition of a wind-power portfolio in Germany and France for 4.7 billion Norwegian kroner ($443.6 million). The portfolio includes 39 wind farms with a total installed capacity of 337 megawatts, and was purchased from Breeze Two Energy.

Since the construction of these wind farms 15 to 21 years ago, turbine technology has significantly advanced. As a result, Statkraft plans to optimize the operation of these farms and eventually replace the older turbines with newer and more efficient models. This upgrade is expected to double the energy output of the sites, and play a significant role in Europe's ongoing energy transition.

In Germany, the acquired portfolio consists of 165 turbines across 35 wind farms, with a total installed capacity of 310 megawatts. Meanwhile, in France, the portfolio comprises 20 turbines across four wind farms, with an installed capacity of 27 megawatts.

This acquisition represents an important step forward for Statkraft in expanding its renewable energy assets and contributing to the development of a sustainable energy future.