Qualitas Energy has acquired a 250MW wind power portfolio in Germany comprising four projects.
The four wind farms are already at an advanced stage of development, with a total of 37 turbines planned across the federal states of Saxony-Anhalt, Hesse, Lower Saxony and Baden-Württemberg.
Once operational, they will supply green electricity to more than 166,000 households –the equivalent to powering a city the size of Duisburg, Germany.
These new acquisitions mark a significant addition to Qualitas Energy’s growing portfolio in Germany, the company said.
They follow the recent addition of a 32-turbine wind farm near the German North Sea coast and seven wind farms with a repowering potential of 173MW, located across the country.
It is the company’s largest transaction since it acquired DunoAir’s 1.4GW German onshore wind development business in the spring of 2023.
Qualitas Energy is actively pursuing its investment targets for the German market, supported by its flagship fund, Qualitas Energy Fund V, which closed in 2022 with €2.4bn.
Joint chief executive of Qualitas Energy in Germany Johannes Overbeck said: “Wind power is already one of the most cost-effective and reliable sources of sustainable electricity, which is why it is at the heart of our investment strategy.
“Our focus is on leveraging its potential through impactful projects that drive the energy transition and deliver lasting benefits to the environment and local communities.”