Post by Edward Lovaton

Senior Investment Manager at EB SIM

We are pleased to announce the successful closing of a 50% investment in the Zeitz onshore wind farm (32.8 MW) for the Quadoro Renewable Energy Europe fund (#QEEE).   This transaction marks another important milestone in our collaboration with European Energy and reflects the strong and trusted partnership we’ve built over time.   The project is currently under construction in Saxony-Anhalt and comprises six wind turbines supplied by Nordex. Once operational, it is expected to generate around 80 million kWh of clean electricity annually—avoiding more than 14,800 tonnes of CO₂ emissions per year.   Many thanks to Kjetil B. Joergensen, Karina Jaszczur, Claudia Schilling, Sebastian Svenningsen, Cornelius A. and the European Energy team for the excellent collaboration throughout the process!   Appreciation also goes to our advisors for their valuable support: LPA (Legal Advisory, Maximilian Amrhein, Beatrice Ammon) and Evergy Engineering GmbH (Technical Advisory, Marc Böhnke, Jennifer Buchner)   And of course, a big thank you to Anna Smit and the entire EB-SIM deal team for the great teamwork behind this transaction! Looking forward to the project’s completion and commissioning! Another milestone on our path toward a cleaner energy future. More information on the following link https://lnkd.in/gFUDnuEY

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