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    Octopus Energy Acquires Wind Farm in Germany from JUWI and Wiwi Consult


    September 30, 2022 - Marketline - Deals

     

      Deal In Brief

      Octopus Energy Generation acquired a wind farm from renewables developer JUWI and wiwi consult, on behalf of its Sky fund (ORI SCSp). The wind farm, which is currently under construction with wiwi as the contractor, is located in Worrstadt near Frankfurt. It will be operational in 2023. The 22.4 MW wind farm has 4 Vestas turbines which are each 241m tall, higher than the Gherkin building in London and the Cathedral in Cologne.

      Deal Type Acquisition
      Sub-Category Asset Purchase
      Deal Status Completed: 2022-09-28

      Deal Participants

      Acquirer (Company) Octopus Energy Generation
      Vendor 1 (Company) juwi AG
      Vendor 2 (Company) Wiwi Consult GmbH & Co KG

      Deal Rationale

      % Acquisition 100%

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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