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Holzweg 87, Aurich, Niedersachsen 26605, DE
Renewable Investors in Europe
Asset Classes
Description
German investor producing electricity through wind farms since 1989
The company based in Oldenburg built one of the first German wind farms in Pilsum, a couple of years later, in 2010, they were the very first who built an offshore wind farm in the German North Sea. Since then, the company has grown steadily and continuous developed and expanded - nowadays it’s considered as a meaningful investor in the renewable energy sector. By investing in new technologies across the renewable energy sector, they were able to enter the markets in the areas of hydropower, solar energy and biomass. With this development they are addressing the overall goal of providing a solution for the optimal balance between green electricity supply and demand.
Portfolio diversified with offshore and onshore wind parks as well as solar and hydropower projects
Started with a capacity of 3 MW onshore wind power, the current portfolio exhibits more than 360 MW of onshore wind power and accessory 170 MW offshore wind power. In addition, they provide 11 MW in hydropower, as well as 11 MW in biomass and further 3 MW from photovoltaic energy.
Image Source: Unsplash, 05.03.2021
Founding Year: 1943
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