CEE Group's Onshore Wind Energy Portfolio Rises to Almost 500 MW
Hamburg, Germany - The asset manager CEE Group, specialized in regenerative investments, has acquired the Swedish wind farm Zinkgruvan, tha has recently entered into a 10-year offtake agreement with a large international utility. For the company, the transaction is an important step in its international growth strategy.
The asset manager CEE Group, which specialises in investments in renewable energies, is expanding its onshore wind energy portfolio with the acquisition of the wind farm Zinkgruvan in Sweden. The Hamburg-based CEE Group now has onshore wind turbines with a total installed capacity of around 490 MW and photovoltaic plants with a capacity of around 315 MWp; total electricity production in 2019 was around 1.2B kilowatt hours. With assets under management of around 1.5 billion Euro, the CEE Group invests in energy generation projects in the wind and solar sectors. The CEE Group was acquired by Brookfield Asset Management in 2017.
Source: IWR Online, 31 Jan 2020