Announced
Completed
Synopsis
Greenvolt, an international wind & solar developer, completed the acquisition of Kent Renewable Energy, a 28MW UK biomass power plant, from Copenhagen Infrastructure Partners, a Danish investment firm. Financial terms were not disclosed. “Divestments are an integral part of the CIP business model and play an important role in the continuous rebalancing and optimising of our portfolio. We are pleased to announce the divestment of Kent Renewable Energy Plant in a transaction that recognises the value generated so far by CIP and our co-shareholder BWSC during the development, construction, and operation of the plant,” Florian Küster, CIP Partner.
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