From pv magazine Germany
Hamburg-based Greentech has started operating three solar projects in the northern German state of Schleswig-Holstein with a total capacity of 103 MW: Nienbüttel (21.5 MW), Agethorst (70.9 MW) and Kohlenbek (10.3 MW). The arrays represent the company's largest portfolio to date.
Greentech said the total investment volume is around €70 million ($74.9 million), or €680/kW of installed capacity. Deutsche Kreditbank (DKB), reportedly the largest financier of renewable energy projects in Germany, financed the new solar plants. A fund for institutional investors advised by EB – Sustainable Investment Management (EB-SIM) invested in the projects in Nienbüttel and Agethorst. EB-SIM is a subsidiary of the Evangelische Bank and has also been active in renewable energy for many years.
Greentech said it developed the projects itself, built some of them itself and “pre-financed them as a group.”
This is “a real milestone in the company's development,” says CIO Felix von Buchwaldt. “Through long-term asset management and technical operations management, we contribute our know-how to optimize the assets and remain closely connected with the projects and our partners in the communities.”
The company is therefore developing “various other projects in Schleswig-Holstein and other federal states.” In May, for example, a statutory resolution was passed for a 46 MW project in the Schlweswig-Holstein municipality of Grossenwiehe.
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