Blue Elephant Energy expands PV portfolio in the Netherlands

01/28/2022 | Print view

With the acquisition of the solar portfolio, BEE expands its portfolio to 621 MW in the Netherlands and to 1,228 MW worldwide. - © Blue Elephant Energy AG — © Blue Elephant Energy AG

With the acquisition of the solar portfolio, BEE expands its portfolio to 621 MW in the Netherlands and to 1,228 MW worldwide.

Hamburg-based solar and wind farm operator Blue Elephant Energy AG (BEE) has signed the acquisition of six ready-to-build photovoltaic parks in the Netherlands with a total capacity of 120 MW.

The acquired portfolio consists of six photovoltaic parks located in the north-east of the Netherlands. Commissioning is planned for the second half of 2022. The seller Chint Solar developed the solar parks with the support of regional development partners as well as provincial and municipal support. Chint is also taking on the role of lead EPC.

Tim Kallas, Chief Investment Officer of Blue Elephant, comments: "We are pleased to add another 120 MW to our growing solar portfolio in the Netherlands with this transaction. The acquisition strengthens our overall portfolio and allows us to be part of the renewable energy expansion path in the Netherlands. We have a long-standing partnership with Chint and we have a reliable local partner in Chint."

Oliver Schweininger, Managing Director/CEO of Chint Solar Europe: "We are very proud to be making an important contribution to a future of sustainable and clean energy in the Netherlands with the development of six more solar parks. Blue Elephant Energy and Chint Solar share the same ambitions. Therefore, we are very pleased to have sold our current portfolio again to Blue Elephant." (mfo)