Switzerland's largest producer of renewable energy Axpo has successfully completed the sale of four wind farms in France to Greencoat Renewables, the listed investor in renewable energy projects advised by Greencoat Capital, announced earlier this year. The transaction price was a high double-digit million Euro amount. The transaction includes the wind farms Genonville (20.3 MW), Grande Pièce (19.8 MW), Arcy-Précy (16.0 MW), and Butte de Menonville (9.4 MW), with a total installed capacity of 65.5 MW. Developed and commissioned by Axpo’s subsidiary Volkswind between 2017 and 2022, their combined average annual production amounts to approximately 178,500 MWh of electricity.Since the acquisition of Volkswind in 2015, Axpo has been active in the planning, project development, construction, maintenance, and management of wind farms in France and Germany. As one of Europe’s leading wind energy companies, Axpo’s business strategy combines the retention of an extensive portfolio of wind farms with the sale of others to investors.To date, Volkswind has developed more than 80 wind farms with an installed capacity of more than 1,350 MW. Its project pipeline includes additional plants in various stages of development with a total capacity of over 3,500 MW. As Switzerland’s largest producer of renewable energies, Axpo intends to develop 3 GW in onshore wind energy plants mainly in France and Germany by the year 2030.
Switzerland's largest producer of renewable energy Axpo has successfully completed the sale of four wind farms in France to Greencoat Renewables, the listed investor in renewable energy projects advised by Greencoat Capital, announced earlier this year. The transaction price was a high double-digit million Euro amount. The transaction includes the wind farms Genonville (20.3 MW), Grande Pièce (19.8 MW), Arcy-Précy (16.0 MW), and Butte de Menonville (9.4 MW), with a total installed capacity of 65.5 MW. Developed and commissioned by Axpo’s subsidiary Volkswind between 2017 and 2022, their combined average annual production amounts to approximately 178,500 MWh of electricity.Since the acquisition of Volkswind in 2015, Axpo has been active in the planning, project development, construction, maintenance, and management of wind farms in France and Germany. As one of Europe’s leading wind energy companies, Axpo’s business strategy combines the retention of an extensive portfolio of wind farms with the sale of others to investors.To date, Volkswind has developed more than 80 wind farms with an installed capacity of more than 1,350 MW. Its project pipeline includes additional plants in various stages of development with a total capacity of over 3,500 MW. As Switzerland’s largest producer of renewable energies, Axpo intends to develop 3 GW in onshore wind energy plants mainly in France and Germany by the year 2030.
