2021-04-16
http://w3.windfair.net/wind-energy/pr/36474-ntr-fund-asset-wind-farm-onshore-france-renewable-energy-europe-eco-delta-costs-investment

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NTR Fund Acquires French Wind Farm

Sustainable infrastructure investor and asset manager NTR has added a further 48 MW to its renewable energy platform through the acquisition of Artigues et Ollières wind farm in France.

Image: PixabayImage: Pixabay

The project located in the Provence-Alpes-Cote d'Azur region of France was acquired by the NTR Renewable Energy Income Fund II, a wind, solar and energy storage fund that operates across a number of European markets. Total costs for the project, comprised of 22 Vestas turbines, amount to over €90 million. The wind farm has recently commenced operations.

Manus O‘Donnell, Chief Investment Officer of NTR, said: “Artigues et Ollières wind farm is a substantial onshore wind project in size for France which avails of a 20 year government-backed tariff. The project is a highly attractive addition to our NTR Renewable Energy Income Fund II portfolio, bringing clean power to the equivalent of a further 25,000 homes.”

The project was acquired from independent French developer Eco Delta towards the end of its construction.

Author:
Windfair Editors
Email:
press@windfair.net
Keywords:
NTR, fund, asset, wind farm, onshore, France, renewable energy, Europe, Eco Delta, costs, investment



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