Norwegian energy company Statkraft has acquired wind farm operator Breeze Three Energy’s 346MW portfolio in Germany and France for an undisclosed price.
The deal adds 39 wind farms across Germany and four projects in France to Statkraft’s European onshore wind power portfolio.
It also marks the market entry as an owner of a wind farm portfolio in Germany and France, the company said.
The German wind farms, spanning from Bavaria in the south to Schleswig-Holstein in the north, have a total installed capacity of 311MW.
In France, the wind farms are located across the Normandy, Nouvelle-Aquitaine and Pays de la Loire regions and have a total installed capacity of 35MW.
Statkraft EVP European Wind and Solar Birgitte Ringstad Vartdal said: “Statkraft has an ambition to grow further within hydropower, wind and solar power.
“We aim to be a major wind and solar developer with a development rate of 2.5 to 3GW per year towards 2025.
“Today’s acquisition further strengthens our role as a key renewables player in Europe and gives us the ability to further grow our portfolio in Germany and France.
“With our solid experience in developing, managing, operating and marketing renewable assets, Statkraft is the right owner of the acquired wind farms to continue optimising operations and to bring part of the portfolio into lifetime extension.”