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Dublin-based infrastructure investor and asset supervisor NTR stated on Thursday that it has wrapped up the ultimate acquisition for its second renewable power fund, taking up a 46-MW wind energy portfolio in France.
The NTR Renewable Power Earnings Fund II is now richer by 11.5 MW from the operational wind farm Momerstroff I in France’s Grand Est area. The five-turbine wind farm has been in operation since 2006.
The portfolio additionally contains the Momerstroff II venture, at present in late improvement. This wind farm can have a capability of 34.5 MW throughout ten generators. NTR expects its business operation to start out within the first quarter of 2026.
The package deal was bought by ecoJoule GmbH and eolec SAS, each members of German renewables developer deanGruppe. The worth was not disclosed.
NTR, by the second renewable power fund, has invested in onshore wind, photo voltaic, and battery storage tasks in six European international locations.
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