NeXtWind has acquired twelve onshore wind farms located in western, northern and eastern Germany.
Their current generating capacity of 140MW will be expanded by NeXtWind to well over 300MW through repowering and further optimizations.
NeXtWind is acquiring the wind farms in a share deal from Nadara, one of the largest Independent Power Producers (IPP) of onshore wind farms in Europe.
With the deal, the Berlin-based company has increased its total repowering capacity of renewable energy to 1400MW.
The wind farms were built between 2007 and 2011 and therefore have a high repowering potential using technology advancements of the past 15 years, according to the developer.
Lars Meyer, co-chief executive and co-founder of NeXtWind, said: “This acquisition is a huge milestone for NeXtWind, and also a further step for the energy transition in Germany.
“We are building the next generation of flexible energy infrastructure to drive the transition to a decarbonized, decentralized, and digitalized energy system that meets the growing demand for clean power from energy-intensive applications such as AI, as well as the electrification of mobility and the heating sector.”