SUSI Partners has agreed to sell an 89-megawatt onshore wind portfolio in Denmark to NRGi Renewables, completing the final divestment from its SUSI Renewable Energy Fund II (SREF II), the company said.
The portfolio comprises 25 turbines across four sites and generates an average annual output of around 275 gigawatt-hours, according to SUSI. The assets were acquired through four separate transactions between December 2018 and June 2019.
Following about seven years of active asset management, ownership of the wind farms will transfer to NRGi Renewables. SUSI said the transaction represents the final exit of SREF II, which was launched in 2014.
Over its investment period, SREF II built 662 MW of renewable energy capacity across 11 countries, delivering annual electricity production of roughly 2 terawatt-hours, SUSI said. The firm added that projects were typically acquired at a ready-to-build stage and supported through ongoing oversight and value-enhancement initiatives.
