Energy Central Professional


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

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%

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