Encavis buys 74 MWp solar bundle in the Netherlands

• German solar as well as wind ranch operator Encavis AG (ETR: ECV) has agreed to acquire 5 solar parks in the Netherlands with an overall ability of 74 MWp from Norwegian renewables firm Statkraft A/S to increase its generation ability in the country to 180 MWp.

Three of the centers amounting to 50 MWp are already in operation and also the various other 2 parks will certainly browse the web in the next months, Encavis claimed on Friday.

All five parks will certainly get aids under the Dutch plan SDE+ for a period of 15 years.

Under the deal, the procedure and upkeep (O&M) and also long-lasting possession administration solutions for the possessions will be offered by Statkraft which established and built the solar farms.

The German company's present portfolio in the Netherlands includes 4 solar parks with a capability of 105.6 MW. The purchase will certainly increase the generation capability of Encavis to nearly 1.9 GW and also bring the German firm a step better to its goal of reaching more than 3.4 GW.