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John Laing Group invest in €50m German Wind Farm

2015-10-12 14:00:00 +0100 by Tom Wolsey


John Laing Group, a leading investor in UK infrastructure and renewable energy projects, has announced plans to move into the German wind energy market for the first time, with the proposed €45m to €50m purchase of the repowered Klettwitz wind farm in Brandenburg Schipkau.

The acquisition from German developer Ventotec GmbH remains conditional on securing satisfactory project financing and certain other conditions, John Laing Group said. The deal, which is expected to close by the end of November, will also see the project re-financed with new project finance.

Source: Business Green

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