Encavis: Acquisition for two special funds

Encavis’ asset management division has bought a Finnish wind farm portfolio for two of its Luxembourg special funds. “The wind farm portfolio with a nominal output of 36.2 MW is spread across the regions of Lapland, Osterbotten and Nordosterbotten. With wind speeds of up to 7.8 m / s, the four locations have first-class framework conditions for the profitability of the plants ”, the Hamburg company reported on Wednesday. The systems have been in operation for three to five years, says Encavis.

“The acquired investments ideally meet the needs of our fund investors for stable cash flows and meteorological diversification in the portfolios,” says Karsten Mieth, CEO of Encavis Asset Management AG. No information is given about the purchase price.

With the acquisition, the total output of the portfolio managed by Encavis Asset Management AG increases to over 800 megawatts.

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