11.09.2019 / Off-Grid, Company, Press, Operations & Maintenance

CEE Group acquires juwi’s milestone 14,4 MW wind farm Mohlis

Companies sign purchase contract for four Vestas V136-3.6 turbines on HusumWind 2019. juwi Operations & Maintenance GmbH takes over technical operations management.

Signed the purchase contract for the Mohlis wind farm: Michael Class, CEO juwi AG, Jens Schnoor, Investment Director, CEE Management GmbH, Frank Grafe, CEO CEE Management GmbH, and Markus Krebs, authorized officer juwi AG (from left to right).

Specialist renewable energy asset management company CEE Group is expanding its onshore wind portfolio with the acquisition of the Mohlis Wind Farm (Thuringia). The Hamburg-based company now has an onshore wind energy portfolio with installed capacity of 405 megawatts (MW) and a solar photovoltaic portfolio with a total capacity of 315 MW. Electricity production of CEE’s energy assets in 2018 was approximately 1.1 billion kilowatt hours (kWh).

For juwi, the Mohlis wind farm is a milestone project in the more than 20-year history of the company as the first of the four plants is the 1,000th turbine planned and built by juwi. juwi is one of the first German project developers to reach this benchmark. “We are delighted that this special wind farm also has a special operator, with whom we have been working together for many years in a trusting and successful way," comments juwi CEO Michael Class on today's contract signing at the HusumWind fair.

"We are delighted with the acquisition of Mohlis, the juwi anniversary wind farm. This transaction demonstrates the very collaborative and successful partnership between our two companies in both the wind and photovoltaic sectors. Our goal is to continue to work together and to pursue further projects as partners, "said Detlef Schreiber, CEO of CEE Group. Jens Schnoor, Investment Director of CEE adds: "The contract negotiations with our partners at juwi were again goal-oriented and characterized by great mutual trust in the Mohlis project, our seventh joint project."

The purchase price was not disclosed. Debt financing was provided by a longstanding partner of the juwi Group: Berliner Volksbank e.G. with whom CEE has worked with on a number of transactions.

The Mohlis wind farm, located about 20 kilometers northeast of the city of Gera in Thuringia, consists of four Vestas V136 turbines, each with an installed capacity of 3.6MW. The hub height is 149 meters, the rotor diameter 136 meters. Each year, the plants generate together around 50 million kilowatt hours of climate-friendly electricity. This corresponds to the annual consumption of more than 16,000 households. Compared with power generation from fossil fuels, the wind farm saves 37,600 tonnes of CO2. The technical operation of the plants is provided by Juwi Operations & Maintenance GmbH.

The wind farm is not only an anniversary wind park for the Rhineland-Palatinate based project developer, it is also one of the first 2018 projects, which juwi successfully brought through the tender process of the German Federal Net Agency. With 44 wind energy plants and a capacity of approximately 130 megawatts, juwi was one of the most successful participants in the wind and solar energy tenders of the past year. Of the 15 juwi surcharges for wind energy projects, 14 were above the average allowance level.

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Felix Wächter, Pressesprecher der juwi-Gruppe

Felix Wächter
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