Finadvice is pleased to have provided a second opinion on the valuation of a wind farm repowering project during the first acquisition of the renewable energy fund KGAL klimaSUBSTANZ.
The turnkey project development is a fully approved wind farm near Bliestorf in Schleswig-Holstein, around ten kilometres southwest of Lübeck. Two 4.8 MW wind turbines from the European manufacturer Nordex will be used in Bliestorf. Based on the successful participation in the tender for the feed-in tariff in December 2023, revenues are secured over a period of 20 years from the start of operations.
KGAL klimaSUBSTANZ is an innovative product that expands KGAL’s retail offering and is designed to make a measurable contribution to the decarbonisation of the economy. The transition to a CO2-neutral world requires a high level of investment. The renewable energy sector, in particular, will benefit from this.