The MDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) has acquired a ready-to-build (RTB) wind farm in Dannhausen (Lower Saxony) with a planned generation capacity of 18 megawatts (MW).
Encavis purchased the project from SWW - Neue Energien GmbH (a wholly owned subsidiary of RB Holding) and commissioned SOWITEC Operations GmbH with the construction of the project. Construction of the plant, which is being built 80 kilometres south-east of Hanover, will begin in a few weeks. Connection to the electricity grid is expected in early 2026.
‘With the acquisition and construction of the wind farm from SWW and SOWITEC in Dannhausen, we are expanding our wind farm portfolio in Germany to a total of 311 MW and thus further strengthen our domestic generation capacity,’ says Mario Schirru, CIO/COO of Encavis AG.
The three 6 MW V150 wind turbines will have a hub height of 166 metres and will generate a total of around 42 gigawatt hours (GWh) of electricity per year once they are completed. The electricity purchase is secured via an EEG feed-in tariff with a term of 20 years. Encavis arranged financing for this project at an early stage via a German bank.
