Blue Elephant Energy to acquire 381MW wind portfolio in Germany

Blue Elephant Energy (BEE) has agreed to acquire a 381MW onshore wind portfolio in Mecklenburg-Western Pomerania in northern Germany from Rostock-based WIND-projekt. The acquisition will increase Blue Elephant Energy’s wind power capacity in the country to 533MW, a three-and-a-half-fold rise. Upon completion, the company’s total portfolio will reach 2.1GW, with wind accounting for approximately 25% of its overall assets. The portfolio involved in the deal includes 37 operational wind farms providing 26 ...