Announced
Synopsis
Encavis Asset Management, a producer of electricity from renewable energy sources, agreed to acquire Biddinghuizen solar park in Flevoland. Financial terms were not disclosed. "The acquisition of the Biddinghuizen solar park expands EIF II's generation capacity to a total of almost 600 MW. With over 40 power plant investments, the fund is one of the largest renewable energy portfolios for institutional investors, is exemplarily diversified and benefits from long-term feed-in tariffs," Karsten Mieth, Encavis Asset Management Speaker of the Board.
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