BayWa r.e. Sells Three Wind Projects in Germany Totaling 56MW

Credit: BayWa r.e.

BayWa's renewable energy division has sold three wind projects in with a combined capacity of 56 megawatts (MW). The projects are located in Beckum (), Jembke (Lower Saxony), and Reichenbach (Rhineland-Palatinate).

The sale includes the project rights for the Beckum wind farm, with construction scheduled to begin in the fourth quarter of 2024. The project will feature four turbines with a total capacity of 21.9MW, sold to German developer EEF.

Jembke, currently under construction by . under an EPC contract, will consist of three turbines generating 15.3MW. This project was sold to ENOVA Value, a German wind developer and investor.

Reichenbach, also being built under an EPC contract by BayWa r.e., will host three turbines with a total capacity of 18.6MW and is expected to be operational by November 2024. The project was sold to KGAL, a German investment and asset management firm.

BayWa r.e. emphasized its commitment to supporting the energy transition while benefiting local communities and promoting biodiversity. Measures will be implemented to minimize environmental impact, including improving habitats for birds and bats.

Andreas Hornig, managing director of BayWa r.e. Wind, expressed satisfaction with the successful sales and highlighted the attractiveness of the German wind market, which shows strong growth potential. CEO noted that the company is on track for further sales globally, particularly in Germany, France, the UK, the , and the United States, by the end of the year.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use

Support Renewable Energy News!

At EnergyMagz, we believe that reliable, up-to-date news on renewable energy is vital for driving the world toward a sustainable future. By contributing, you’re not only supporting quality journalism, but also helping to shape the world’s transition to greener solutions.
DONATE  NOW
Every contribution, no matter the size, makes a difference.
close-link