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Synopsis
I Squared-backed Cube Green Energy, a pan-European renewable energy IPP, completed the acquisition of onshore wind assets in Germany. Financial terms were not disclosed. “These acquisitions sit squarely within Cube Green Energy’s ambition to acquire and upgrade aging renewable energy facilities and to supplement with energy storage and hybrid solutions. At Cube Green Energy, we see enormous opportunities in Germany and other countries in Continental Europe to improve the efficiency of the renewable energy fleet and we aim to be at the forefront in implementing innovative solutions to enable the replacement of existing base load power with renewable sources,” Raghuveer Kurada, Cube Green Energy CEO.
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