Monday, May 16 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of May 09
Week of May 02
Week of Apr 25
Week of Apr 18
Week of Apr 11
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Blue Elephant Energy buys 120 MW of Dutch solar projects


    January 26, 2022 - SeeNews Renewables

     

      January 26 (Renewables Now) - German solar and wind farm operator Blue Elephant Energy AG has agreed to acquire six ready-to-build solar projects in the Netherlands with a combined capacity of 120 MWp to expand its portfolio in the country to 621 MW.

      The parks will be located in the northeast of the country and are expected to go online in the second half of this year, offsetting 90,000 tonnes of carbon emissions annually, Blue Elephant Energy said on Wednesday.

      The vendor is Chint Solar which developed the projects and will be responsible for the engineering, procurement and construction (EPC) works.

      The purchase will boost the renewables portfolio of the German company to 1,228 MW. The Hamburg-based power producer develops and operates solar and wind farms in eight countries with a focus on Western Europe.

      The deal for the Dutch solar bundle comes after Blue Elephant Energy unveiled in November a new investment partnership with insurance groups Barmenia and uniVersa. The EUR-50-million investment by the insurers and equity to be provided by the German renewable power producer, as well as individual project financing, will facilitate the potential acquisition of solar and wind parks worth around EUR 300 million (USD 338.04m).

      (EUR 1 = USD 1.127)

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.