Asset sales planned across three European countries
Asset sales planned across three European countries | Windpower Monthly
Acciona Energía is planning to sell Spanish wind farms of 308MW combined capacity, alongside solar power projects of 372MW combined potential capacity. It has appointed investment bank BNP Paribas to sell the portfolio, which could be worth €500m.
Meanwhile, Axpo has agreed the sale of three wind farms in France - the 18MW Aiguillettes, 28.8MW Moulin Berlémont and 25.2MW Pâtis aux Chevaux - to an EB-SIM-advised fund. They were developed and commissioned by Volkswind in 2022.
And Qualitas Energy has agreed to sell a 112.5MW wind portfolio to NeXtWind. It comprises high-quality assets located throughout Germany which, when repowered, could provide 300MW.
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.