Commerz Real completed the acquisition of Moanvane wind farm from Statkraft.

Commerz Real, an asset management and financing solutions firm, completed the acquisition of Moanvane wind farm from Statkraft, a hydropower energy generator. Financial terms were not disclosed. "Ireland is a very attractive location thanks to its unique and favourable wind conditions which come close to offshore environments. Wind energy is accounting for a third of the country’s power supply and has developed to an increasingly relevant contributor to Ireland’s energy mix," Michael Henn, Commerz Real Global Head of Green Deal Infrastructure.