DWS completed the acquisition of the Ljungbyholm onshore wind farm in Sweden from Octopus Renewables for €73.7m.

DWS, an asset management company, completed the acquisition of the Ljungbyholm onshore wind farm in Sweden from Octopus Renewables, an investment trust, for €73.7m. "We are pleased to complete the latest phase of ORIT's capital recycling programme, securing an attractive sale price at a premium to the asset's holding value and which once again provides support to the Company's valuations. The proceeds enable ORIT to repay a significant proportion of its short-term debt, which has been a key focus for the Company. Completion of the sale also further demonstrates our Investment Manager's ability to manage the construction and successful operation of renewable energy assets," Phil Austin, Octopus Renewables Infrastructure Trust Chairman.