Encavis acquires Irish onshore wind farm

Encavis Asset Management AG's new alternative investment fund EIF IV receives first capital commitments and realises the acquisition of a high-performance wind farm in Ireland

Encavis Asset Management AG (Encavis AM), subsidiary of SDAX-listed wind and solar park operator Encavis AG (ISIN: DE0006095003, Prime Standard, Ticker symbol: ECV) has successfully advised on the acquisition of an onshore wind farm in Ireland from ABO Wind AG via its subsidiary ABO Wind Ireland Ltd. This marks the inaugural transaction for the EIF IV special fund, which was launched together with BayernInvest Luxembourg S.A. at the end of 2021. The wind park will have seven turbines in total representing a generation capacity of 23.6 megawatts (MW). Three turbines, each with a capacity of 3.6... ... More: Official Press Release Encavis Asset Management

Keywords:

Encavis Asset Management AG, Ireland, wind farm, onshore, fund, acquisition, capital commitment, epresentation, MW, megawatts, Q1