Three New Projects in Finland

1. August 2017

With the Vihreässari, Jeppo and Haukineva wind farms, the Bremen-based company wpd windmanager GmbH & Co. KG takes on the commercial and technical operation for three new projects of Denmark’s European Energy A/S. In Finland, the operating company from Bremen thus increases their portfolio from seven to ten projects, strengthening their market position. wpd windmanager acquired 75 per cent of their projects from external operators. “In choosing the operating manager, experience and know-how have been some of the decisive factors”, clarifies Johannes von Dechend, Senior Project Manager at European Energy. “This expertise plays an important role for the long-term operation of the wind farms and has thus been crucial for our negotiations with re:cap global investors ag.”

Total international capacity of more than 1,000 MW

Being a part of the Luxembourg special investment fund FP Lux Investments S.A. SICAV-SIF, the Swiss enterprise re:cap global investors ag has accompanied the acquisition of the three wind farms of the Danish projecting company European Energy as transaction manager. In addition re:cap will account for the asset management over the entire operation time. As of July 1, 2017, wpd windmanger has been mandated to operate the three wind farms of re:cap global investors. “With these projects we expand the FP Lux Investments portfolio of 530 Megawatt solar and wind power plants and add a new market. We rely on wpd windmanager, a very skilled partner with years of experience concerning Finnish wind farms and an own site in Oulu, Finland. Insofar we know the projects are in the best of hands and we can trust in the know-how and expertise with the specialties of the Finnish market”, constitutes Anja Spannaus, Investment Director (asset management) at re:cap global investors, the decision in favor of wpd windmanager.



Other than the three new Finnish projects, with the Czyzewo wind farm in Poland, wpd windmanager has also taken over another project as operating manager. “With those new wind farms we are strengthening our international business”, says Henning Rüpke, Technical Management International at wpd windmanager. “In total, our portfolio outside of Germany now consists of more than 1,000 Megawatt and 425 wind turbine generators.” In Finland, five turbines of the type Vestas V126 add 17.25 Megawatt to the portfolio and in Poland, three turbines of the type Gamesa G90 add six Megawatt.

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