CEE Group expands its wind energy portfolio in Germany and France

The Ham­burg-based CEE Group, asset man­ag­er for renew­able ener­gies, has fur­ther expand­ed its port­fo­lio in the field of wind ener­gy and acquired new plants at loca­tions in Ger­many and France. In France, CEE Group has pur­chased the new­ly devel­oped Nan­teuil wind farm from project devel­op­er WKN GmbH, a mem­ber of the PNE Group. The wind farm con­sists of six Ves­tas V110 wind tur­bines. In addi­tion, PNE AG acquired an exist­ing Gen­er­al Elec­tric GE 5.5–158 wind tur­bine in Töt­tleben, Thürin­gen. The pur­chase price for both trans­ac­tions was not dis­closed.

The wind ener­gy port­fo­lio of CEE Group grows by a total of sev­en new wind tur­bines at two loca­tions: In Nan­teuil-en-Val­lée, Départe­ment Char­ente, France, the asset man­ag­er for renew­able ener­gies has acquired the Nan­teuil wind farm. The sell­er, WKN GmbH, based in Husum, has been one of the lead­ing project devel­op­ers in Ger­many, Europe and South Africa for 30 years. The wind farm under con­struc­tion includes six wind tur­bines from the man­u­fac­tur­er Ves­tas. The V110 type has a hub height of 110 meters and a rat­ed out­put of 2.2 MW. The total capac­i­ty of the six tur­bines is 13.2 MW. Con­struc­tion start­ed in July 2021 and the tur­bines are sched­uled to be com­mis­sioned in Novem­ber 2022.

In addi­tion, the port­fo­lio of CEE Group is expand­ing to include a high-per­for­mance tur­bine in Erfurt, Thürin­gen. In the dis­trict of Töt­tleben, the Ham­burg-based com­pa­ny has acquired a wind tur­bine from Gen­er­al Elec­tric. The type GE 5.5–158 has a hub height of 161 meters and a rat­ed out­put of 5.5 MW. The sell­er of this tur­bine is PNE AG, a list­ed wind farm project devel­op­er head­quar­tered in Cux­haven, Nieder­sach­sen. The new wind tur­bine in the port­fo­lio was already built last year in 2020 and went into oper­a­tion at the end of March this year.

Diversification through an international portfolio of renewable energy assets

“With the Nan­teuil wind farm, we are con­sis­tent­ly fur­ther expand­ing our inter­na­tion­al port­fo­lio of renew­able ener­gy plants. The diver­si­fi­ca­tion of the plants across suit­able loca­tions in dif­fer­ent Euro­pean coun­tries also con­tributes to the diver­si­fi­ca­tion and sta­bi­liza­tion of our port­fo­lio as a whole. That aspect is of great impor­tance to our insti­tu­tion­al investors”, explains Detlef Schreiber, CEO of CEE Group. “The new wind tur­bine at the Töt­tleben site fits par­tic­u­lar­ly well into our high-per­for­mance port­fo­lio, as it is tech­no­log­i­cal­ly state-of-the-art with an impres­sive rat­ed out­put of 5.5 MW.”

“With WKN GmbH and PNE AG, we have once again worked in great part­ner­ship with inter­na­tion­al­ly renowned project devel­op­ers in the renew­able ener­gy sec­tor on both projects. We would like to thank all those involved in these trans­ac­tions for their pro­fes­sion­al and trust­ing coop­er­a­tion and are look­ing for­ward to fur­ther joint projects to shape and secure the future of sus­tain­able ener­gy pro­duc­tion”, Schreiber added.

Markus Less­er, Chair­man of the Board at PNE AG: “I am very pleased that we were able to suc­cess­ful­ly con­tin­ue our many years of good coop­er­a­tion with CEE Group in these two wind farm projects. We also see these fur­ther sales of projects to CEE Group as recog­ni­tion of the qual­i­ty of the wind farms we have devel­oped and are very opti­mistic about a con­tin­u­a­tion of this trust­ful coop­er­a­tion in the future.”