- Published: 31 August 2020 31 August 2020
The purchase of Iberwind will add 31 wind farms, over 320 wind turbines, 726MW of installed capacity and future growth opportunities to Ventient’s portfolio. The agreement was reached with Iberwind’s owners, CK Infrastructure Holdings Limited and Power Assets Holdings Limited.
The sale is expected to conclude later this year, subject to regulatory approval. Based in Oeiras, Iberwind began installing and operating wind farms in 1998. Its installed capacity represents almost 14% of the wind capacity installed in Portugal and produces over 14% of the wind energy produced annually in the country. It was acquired by CK Infrastructure Holdings Limited and Power Assets Holdings Limited in 2015. Ventient owns and operates assets across Belgium, France, Germany, Portugal, Spain and the United Kingdom, including four wind farms in Portugal. The addition of Iberwind will bring its installed capacity to 2556 MW.