Vattenfall offers 27.5 MWp of solar farms in Germany to FP Lux Investments

• Luxembourg-based unique fund FP Lux Investments has actually gotten a portfolio of three solar PV farms in Germany, safeguarding 27.5 MWp of power for its RE Infrastructure Opportunities fund.

Vattenfall Deutschland GmbH, part of Swedish electrical energy Vattenfall AB, established the projects and also offered the completed plants to FP Lux for a concealed cost.

Switzerland-based re: cap worldwide financiers ag, which recommended on the purchase, announced the deal on Thursday.

The acquired portfolio consists of one solar farm of 10 MWp and an additional of 7.5 MWp, both gaining from Germany's EEG feed-in-tariff plan. The 3rd plant, of 10 MWp, has a lasting power purchase agreement (PPA) in position with Vattenfall Energy Trading, re: cap said.

All solar farms lie in the German state of Mecklenburg-Western Pomerania.

The RE Infrastructure Opportunities fund is focused on institutional capitalists as well as purchases a range of renewable resource modern technologies, including solar, wind, hydropower as well as battery storage.