Augusta & Co is pleased to announce the sale of a 48.4MW operating onshore German wind portfolio to ERG Power Generation S.p.A, a subsidiary of ERG S.p.A, on behalf of the sellers’ DIF Erneuerbare Energien GmbH 1 and DIF RE Erneuerbare Energien 3 GmbH. The portfolio consists of six projects with an average age of 10 years.
Closing is expected to occur in the second quarter of 2017.
Augusta & Co acted as exclusive financial adviser to the DIF Erneuerbare Energien GmbH 1 and DIF RE Erneuerbare Energien 3 GmbH in the transaction.