Pacifico acquires 12 MWp German wind farm portfolio
01 / 06 / 18
Pacifico acquires another wind farm portfolio of 8 power plants at three locations in Germany and a combined capacity of 12 MWp.
The wind turbines at sites in Titz, Etgersleben, and Berthelsdorf are of the type 1.5 SL by General Electrics. They have been operational for several years, allowing Pacifico to make a well-founded forecast of future yields. In addition, the existing full maintenance contracts with established partners could be taken over to guarantee a smooth take-over without any interruptions in operation.
The plants all have feed-in contracts with legally fixed remuneration through the German EEG. The historical operating data and the fixed feed-in tariffs provide the greatest possible planning security.
The locations in western and eastern Germany offer good wind conditions in order to guarantee attractive long-term returns even after the subsidy tariffs have expired. “With the purchase of the three wind farms, we were able to continue our growth course and upgrade our portfolio with yet another convincing project,” says Ulf Oesterlin, Managing Director of Pacifico.
Pacifico Energy Partners GmbH (“Pacifico”) is a Munich-based investment company specializing in operative photovoltaic and wind farms. Its investment approach thus focuses on safe assets in existing and proven technologies with low risk.