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RWE invest in four new onshore wind farms

Published by , Editorial Assistant
Energy Global,

RWE’s European renewables business has gained further impetus with decisions taken to invest in four new onshore wind farms with a total installed capacity of 76 MW. Three of the projects are located in France, and one in Poland. The first French project is already under construction, and work will begin on the three other projects in 1Q2021. The overall investment for the four projects amounts to approximately €95 million.

The 26 MW onshore wind farm ‘Les Pierrots’ is RWE’s premiere in France. It is located in the Centre-Val de Loire region, 250 km south of Paris. The three remaining projects are the 18 MW ‘Les Hauts Bouleaux’ and the 15 MW ‘Martinpuich’ wind farm in the north of France, and the 17 MW onshore wind farm ‘Rozdrazew’, located in Poland, 80 km south-east of Poznan.

All of these projects arose from the purchase of the European onshore wind and solar development business of Nordex SE, which RWE acquired in November 2020. This acquisition added a further 2.7 GW in France, Spain, Sweden and Poland to RWE’s existing 22 GW development pipeline. The bulk of the new portfolio – 1.9 GW – is based in France. The development business also included a team of more than 70 employees with extensive experience in this area, which is now part of RWE.

RWE is a renewables company. By the end of 2022, it aims to expand its portfolio to a net capacity of more than 13 GW, involving an investment of €5 billion NET. Together with partners, the gross investment volume could amount up to €9 billion. The expansion is focused on North America, with its core markets in Europe and the Asia-Pacific region.

Read the article online at: https://www.energyglobal.com/wind/15012021/rwe-invest-in-four-new-onshore-wind-farms/

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