Statkraft completed the acquisition of the wind power portfolio from Breeze Three Energy.

Statkraft, a generator of renewable energy, completed the acquisition of the 39 wind farms across Germany and four wind farms in France from Breeze Three Energy, a wind farm operator. Financial terms were not disclosed. “Statkraft has an ambition to grow further within hydropower, wind and solar power. We aim to be a major wind and solar developer with a development rate of 2.5 to 3 gigawatts per year towards 2025. Today’s acquisition further strengthens our role as a key renewables player in Europe and gives us the ability to further grow our portfolio in Germany and France,” Birgitte Ringstad Vartdal, Statkraft EVP European Wind and Solar.