From pv journal Germany
Hamburg-based Greentech has began working three photo voltaic initiatives within the northern German state of Schleswig-Holstein with a complete capability of 103 MW: Nienbüttel (21.5 MW), Agethorst (70.9 MW) and Kohlenbek (10.3 MW). The arrays symbolize the corporate’s largest portfolio up to now.
Greentech mentioned the full quantity of funding is round €70 million ($74.9 million), or €680/kW of put in capability. Deutsche Kreditbank (DKB), reportedly the most important financier of renewable power initiatives in Germany, is financing the brand new photo voltaic vegetation. A fund for institutional buyers suggested by EB – Sustainable Investment Management (EB-SIM) that invests within the Nienbüttel and Agethorst initiatives. EB-SIM is a subsidiary of Evangelische Bank and has additionally been energetic in renewable power for a few years.
Greentech says it develops the initiatives itself, builds a few of them itself and “pre-finances them as a gaggle.”
This is a “actual milestone within the firm’s growth,” mentioned CIO Felix von Buchwaldt. “Through long-term asset administration and technical operations administration, we contribute our information on the way to optimize belongings and keep intently linked to initiatives and our neighborhood companions.”
The firm is subsequently growing “varied initiatives in Schleswig-Holstein and different federal states.” In May, for instance, a statutory decision was handed for the 46 MW challenge within the Schlweswig-Holstein municipality of Grossenwiehe.
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