Octopus Renewables expanded its Octopus Renewables Infrastructure Trust portfolio with the acquisition of wind assets in Poland.
The octopus secured Kurzesin and Kurzesin wind farms from the PNE group. The PNE Group will continue to provide construction services to assets with a total capacity of 59MW.
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The acquisition is the second polish addition to the octopus portfolio, meaning that its assets can provide renewable electricity to 195,000 Polish homes.
Chris Gaydon, Investment Director at Octopus Renewables, said:
“We are pleased to complete this acquisition and build strong relationships with experienced developers. These projects are expected to see significant growth in renewable capabilities over the next few years. It benefits from the attractive government-supported fixed revenues.”
“We’re looking forward to seeing you in the future,” said Markus Lesser, CEO of Pne AG.
“We are very pleased with the success of this sales, indicating that our long-standing commitment is rewarded in this market and is becoming increasingly open to clean energy. We also have a Wind Farm Thanks to the management efforts in the management of the company, we are also truly grateful for the opportunity to continue working with Octopus and participate in the project in the long term.”
