Announced
Synopsis
Antin Infrastructure Partners-backed Blue Elephant Energy, a developer of solar and wind farms, agreed to acquire 381MW wind portfolio from WIND-projekt Ingenieur- und Projektentwicklungsgesellschaft. Financial terms are not disclosed. “With this acquisition, we are securing a high-quality portfolio and tripling our wind portfolio in one of our core markets. In addition to our already successful entry into battery storage, this is a further step toward diversifying our overall portfolio in terms of technology. Beyond this transaction, we are planning further collaborations with WIND-projekt and look forward to continuing our cooperation,” Tim Kallas, Blue Elephant Energy Chief Investment Officer.
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