Encavis Asset Management AG (Encavis AM), a subsidiary of the German wind and solar parks operator Encavis AG, announced the sale of a European wind park portfolio totaling 48 MW on behalf of an institutional investor. The portfolio includes two wind parks located in France and one in Germany.
The facilities in France were sold to a French buyer, while the German asset was acquired by a domestic company. Financial details of the transaction remain undisclosed.
Encavis AM specializes in providing customized portfolios and fund solutions for institutional investors in the renewable energy sector.
The company currently manages an investment volume of approximately EUR 2.3 billion (USD 2.52 billion) for its clients.
