CEE Group acquires 27.6 MW wind farm from European Energy and Green Wind Energy

CEE Group announced that it has acquired Vormark wind farm, Brandenburg from consortium consisting of European Energy and Green Wind Energy.

The Vormark wind farm consists of eight turbines  with the hub height of 137 m, the rotor diameter is 126 m, and the overall capacity of the wind farm amounts to 27.6 MW. CEE Operations, which manages the CEE Group’s power plant portfolio, will look after the commercial operations. Green Wind Operations GmbH, will assume responsibility for technical operations.

CEE Group’s CEO, Detlef Schreiber said that they are pleased to have grown further in their core German market by acquiring the Vormark wind farm. After the acquisition of the Gollenberg wind farm a few months ago, this renewed expansion of their overall portfolio underlines the CEE Group’s strong position in a competitive market.

After the acquisition of the Vormark wind farm, the CEE Group’s renewables portfolio has grown to about 585 MW.

Vormark Wind Project Partners:

Legal/Tax Due Diligence: Taylor Wessing
Technical Advice: TÜV SÜD
Finance Partner: HSH Nordbank AG
Technical Operator: Green Wind Operations GmbH
Commercial Operator: CEE Operations GmbH

Image Source: CEE Group