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NeXtWind to revamp German wind farms


Its goal is to acquire and transform a portfolio in excess of 1GW of end-of-regulatory-life European assets.
With an active M&A pipeline already in place, NeXtWind expects to complete the acquisition of its first sites in the coming weeks. 
Acquired sites will either be repowered or undergo lifetime extension works. 
The company is currently negotiating framework agreements with some of Europe’s largest utilities in order to facilitate the signature of future Power Purchase Agreements (PPAs).
The move forms part of its strategy to become Europe’s next major green independent power producer (IPP).
Backed by Crestline Investors, Ferd and ARB Investment Partners, the company will work with local communities and partners to bring new life, higher performance and shared benefit to existing sites. ....

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