CEE Group Buys 103.5MW Dutch Solar Farm

• CEE Group acquires a 103.5-MWp solar project from Ecorus Group in the Netherlands, increasing their solar portfolio to over 350 MWp. Fledderbosch solar park to be commissioned in 2022 with a 15-year fixed tariff under SDE++ support scheme. Ecorus responsible for EPC and first partnership between two companies.

CEE Group has acquired a 103.5-MWp solar project in the Netherlands from Dutch project developer Ecorus Group. The Fledderbosch solar park is currently under construction on a brownfield site near the city centre of Groningen and is scheduled to be commissioned in February 2024. The project increases CEE Group’s solar plant portfolio in the Netherlands to over 350 MWp. Fledderbosch will benefit from a fixed tariff for at least 15 years under the Dutch SDE++ renewables support scheme. Ecorus is responsible for the engineering, procurement and construction (EPC) of the facility. This marks the first partnership between the two companies. The price of the project remains undisclosed.

What Benefits Does CEE Group Gain from Fledderbosch Solar Park Acquisition?

• CEE Group will gain access to a renewable energy source with a guaranteed 15-year fixed tariff.
• CEE Group will benefit from a low-cost, reliable power source that will help meet sustainability goals.
• The acquisition increases CEE Group’s solar plant portfolio in the Netherlands to over 350 MWp, helping to expand its presence in the renewable energy market.
• CEE Group can draw on Ecorus Group’s experience and expertise in engineering, procurement and construction (EPC) of the facility.
• The acquisition provides CEE Group with a competitive advantage, as it will have access to a major solar project at an undisclosed price.