German consultancy Capcora has supported Vattenfall on the acquisition of unnamed onshore wind farms in Germany.
The two companies have a cooperation agreement that will support Vattenfall’s plans to increase its share of renewable energy until 2025.
Vattenfall head of onshore wind germany Philipp Heucke and senior cooperation manager Anne-Kathrin Burger said: “We want to play a decisive role in expanding the generation of clean electricity in the coming years in our core markets, which include Germany in particular.
“This only can be achieved with strong partners. Our collaborations with project developers follow this partnership idea and are based on a long-term and sustainable basis.
“In joint project developments, we can provide greater stability while our partners can focus on their core competencies in developing new projects.
“With Capcora, we have found industry-and market-experienced advice that successfully supports us in implementing this strategy.”
Capcora managing partner Magerfleisch said: “It is a very exciting task for us to support Vattenfall in its growth strategy in Germany.
“In our view, the model of long-term cooperation between a leading European utility and regional German developers represents a win-win situation, which is not based on squeezing out or consolidation in the wind industry, but on a fair and long-term collaboration principle.
“We look forward to many more of such cooperation agreements between Vattenfall and interested developers.”