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Home » News » Solar » German Utility Sells Three Renewable Hybrid Power Plants to LHI Group
Solar

German Utility Sells Three Renewable Hybrid Power Plants to LHI Group

By Caesar HarrettOctober 25, 20241 Min Read
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Credit: Trianel
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A German utility has completed the sale of three renewable hybrid power plants that benefit from subsidy tariffs under the EEG innovation tender.

The municipal project developer, Trianel Energieprojekte, has transferred ownership of the facilities—each consisting of a ground-mounted solar farm and a battery storage system—to LHI Group, an investment and asset manager based in Pullach near Munich.

The total output of the portfolio is 43MW, with a storage capacity of 28MWh. The plants are located in Letschin (Brandenburg), Lübars (Saxony-Anhalt), and Gammertingen (Baden-Württemberg), and they began operations in the summer of 2024.

Herbert Muders, managing director of Trianel Energieprojekte, noted the significance of the sale, stating, “We are pleased to have found a professional buyer for our plants from the innovation tenders in LHI, who is pursuing a sustainable growth strategy like us.

The demand for attractive investments in the renewables sector remains high. Hybrid power plants, in particular, combine generation from renewable energies with important system services.”

Battery Solar Trianel
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