Spanish renewables investor Qualitas Power has acquired the German onshore wind improvement enterprise of Netherlands-based DunoAir Group in a deal that reinforces its improvement platform within the nation to 2.9 GW.
The acquisition consists of DunoAir Windpark Planung GmbH with a improvement pipeline of 1.4 GW, Qualitas Power mentioned on Tuesday. The Trier-based enterprise plans and builds wind parks throughout Germany with a concentrate on the western a part of the nation.
The acquisition by Qualitas Power is a step within the Spanish firm’s technique to increase its German platform to six.2 GW throughout the subsequent two years. In March, the investor added 80 MW to its portfolio with the acquisition of two wind tasks — the Apensen wind farm close to Hamburg, which can be repowered, and a wind undertaking to be developed in Blumberg, southern Germany.
“Qualitas Energy continues to invest in the acquisition of German and international renewable energy projects, and this represents a major step towards our goal of becoming one of the key platforms in the German market,” said Qualitas Energy’s partner and chief investment officer Daniel Parejo.
DunoAir’s wind park management and power trading business in Germany as well as DunoAir Windpark Management BV and DunoAir International BV are not part of the deal with Qualitas Energy and will remain part of DunoAir Group.
The new owner will keep the organisational structure of the acquired business and its brand.
Besides Germany, Qualitas Energy is active in Spain, the UK, Italy, and Poland with a portfolio of more than 5 GW of assets in operation and under development. These include more than 3 GW of wind, 1 GWp of solar photovoltaic, 242 MW of solar thermal power, 243 MW of battery, and 435 MW of renewable natural gas assets.