EDF Renewables has acquired a 300MW wind power project portfolio under development in Germany by local company Altus.
Altus will continue developing the projects in close collaboration with EDF until construction commences.
The wind farms will be commissioned over the next five years.
The projects, located across Germany, are in various stages of development, though in each case land leases have been concluded and environmental studies are now underway.
After obtaining all the required authorisations, the schemes will participate in tenders run by the federal government.
The acquisition of these onshore wind projects is part of EDF’s strategy to develop, build, own and operate energy plants in Germany over the long term. The country is a “major market”, where EDF aims to become a “significant wind energy player” by 2030, it said.
EDF Renewables’ international operations executive vice president Frederic Belloy said: “This transaction gives EDF Renewables the opportunity to strengthen its positions in terms of project development in Germany, a country whose objective is to increase the share of renewables to 65% electricity consumed by 2030.”
EDF already operates more than 580MW of wind capacity through subsidiaries.
The portfolio acquisition in Germany forms part of the company’s strategy, which aims to double between 2015 and that year its renewable capacity in France and globally.