KGAL Investment Management has acquired the Rekum wind farm near Bremen from Energiequelle on behalf of an institutional fund mandate, the companies said.
The project involves repowering two existing Enercon turbines with higher-capacity models supplied by Nordex, increasing the site’s nominal capacity from 1.8 MW to 14 MW.
KGAL said the wind farm secured a 20-year feed-in tariff under Germany’s Renewable Energy Sources Act in 2023, providing long-term revenue visibility.
Construction at the Bremen-Rekum site is scheduled for completion in the third quarter of 2026. Once operational, the facility is expected to generate about 38,700 megawatt-hours of electricity annually.
Christopher Tschamler, head of core investments sustainable infrastructure at KGAL, said the project offers strong fundamentals.
“The ‘Rekum’ wind farm benefits from a favorable feed-in tariff combined with a robust wind resource. It offers stable, long-term cash flows with an attractive risk-adjusted return,” he said.
