Encavis Asset Management, which owns and operates renewable energy plants, completed the acquisition of Vlagtwedde solar farm from Impax Asset Management, a specialist asset manager. Financial terms were not disclosed. "As long-term specialist investors in the renewable energy sector, this project is part of our investment philosophy to contribute towards the transition to a zero-carbon economy in Europe. From the outset, the project has been developed in close cooperation with local parties with whom we have had a great experience. Delivering the project on time and within budget despite the global pandemic is testament to our team’s strong industrial skill-set. We look forward to building on our platform in the Netherlands and making further investments in this space," Hector Boyce, Impax Associate Director.