Qualitas Energy, a global investment, management and project development company focused on renewable energy, energy transition and sustainable infrastructure investments, announced today the acquisition of a wind farm with 32 turbines, located on the German North Sea coast in Lower Saxony, near Cuxhaven, Germany.
All 32 existing turbines, which began operation in 1998, have reached the end of their operational lifespan. The turbine repowering process is at an advanced stage and involves the installation of five new turbines, thereby increasing the total output from 17.2 MW to 21.6 MW. This will lead to more efficient land use on site and provide sustainably generated wind power to over 14,000 households.
“This acquisition expands our wind energy portfolio with a highly promising project in an excellent wind location,” emphasized Johannes Overbeck, Head of Investment at Qualitas Energy Deutschland GmbH. He added, “Qualitas Energy is committed to a long-term strategy that seeks to identify opportunities, carefully assess risks and boldly move forward to actively contribute to accelerating the energy transition.”
This portfolio adds to the more than 100 projects currently managed by Qualitas Energy in the country, supporting the company’s goal of reaching a total capacity of 4 GW in Germany. This expansion is backed by an expected investment of €1.2 billion from Qualitas Energy Fund V, which was closed in 2022.
Qualitas Energy Deutschland GmbH, a subsidiary of the Qualitas Energy Group, specializes in the acquisition, financing, project development, construction, and operation of onshore wind turbines, with a mission to drive the transition to decarbonization. The company boasts a team of over 250 employees operating across six strategic locations in Germany: Berlin, Hamburg, Wiesbaden, Trier, Cologne, and Stuttgart.
About Qualitas Energy
Since 2006, the Qualitas Energy team has managed investments of over €12 billion in renewable energies
worldwide. These investments have been deployed through five vehicles: Fotowatio / FRV, Vela Energy,
Qualitas Energy III, Qualitas Energy IV, and Qualitas Energy V.
Qualitas Energy’s portfolio currently holds 11 GW of operational and development energy assets across Spain,
Germany, the UK, Italy, Poland, Chile, and the United States. This includes 7 GWp of solar PV assets, 4 GW of wind energy assets, 242 MW of concentrated solar power (CSP) assets, 60 MW of hydroelectric power assets, 6 MW of battery storage assets, and 1.8 TWh of biomethane assets.
Since 2020, Qualitas Energy has produced sufficient energy to power 1.54 million homes and, since 2021, has
successfully avoided emissions of 1.32 million metric tons of CO2 equivalent.
The Qualitas Energy team is composed of more than 540 professionals across fifteen offices in Madrid, Berlin,
London, Milan, Hamburg, Wiesbaden, Trier, Cologne, Stuttgart, Warsaw, Wroclaw, Santiago, Durham,
Bristol, and Edinburgh.
Please visit qualitasenergy.de for further information.
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