Commerz Real completed the acquisition of a 49.9% stake in EnBW Energie's 133-MW wind portfolio.

Commerz Real, part of German banking group Commerzbank Group, completed the acquisition of a 49.9% stake in EnBW Energie's 133-MW wind portfolio. The deal is pending regulatory clearance and is expected to close this spring. Financial terms were not disclosed. “This cooperation marks a key milestone for both Klimavest and Commerz Real. As well as being one of Germany’s biggest energy groups, EnBW is also one of the leaders in developing and operating renewable energy installations, and we hope that many more joint projects will follow,” Gabriele Volz, Commerz Real CEO.