Octopus Energy’s renewables arm has marked its entry into Germany’s solar farm market with the acquisition of two assets.
Octopus Energy Generation, investing on behalf of its Sky Fund, has invested undisclosed sums to acquire the 122MW Schiebsdorf solar farm in Brandenburg and the 20.8MW Hartungshof solar farm in the vicinity of Saarbrücken in Saarland.
The Schiebsdorf solar farm was acquired from Ib vogt, and the Hartungshof solar farm was acquired from Greencells Group Holdings.
The Schiebsdorf solar farm, the largest in the company’s renewables portfolio in Europe, is currently under construction, targeting completion later this year. The Hartungshof solar farm has been operational since March 2023.
Source: realassets.ipe.com on the 23rd of January
https://realassets.ipe.com/news/octopus-marks-solar-farm-sector-debut-in-germany-with-double-acquisition/10071147.article