RP Global and Marguerite have announced the sale of two onshore Polish wind farms to Engie Zielona Energia.
The sites totalling 103MW are in northern Poland in Tychowo and Kukinia. The former development consists of 20 Nordex N90 turbines and was built in 2009, while Kukinia has 23 Enercon E-82 turbines and was built in 2013.
Both projects have been successfully operating for years and this transaction underpins the value created by RP Global’s development, construction and O&M teams said the company. The sale is part of the developer’s evolving strategy to finance new projects to build an increasingly diversified renewable energy asset portfolio across Poland and beyond it said.
“Divestments are an important tool to help us rebalance and optimize our portfolio,” said RP Global chief executive Gerhard Matzinger.
“Our commitment to green energy remains of course stronger than ever. With the sale of these wind farms, RP Global will free up significant cash flow to actively invest in new opportunities within the renewable energy sector,” he added.
“We are determined to stay at the forefront of the industry and drive positive change towards a cleaner and healthier planet.”