Developer and investor RP Global is building three adjacent wind parks and selling them to German insurance group Talanx. The projects will be implemented and operated by RP Global for their new owner.
The three wind parks will have a total capacity of 49.5 MW and are located in the Nord-Pas-de-Calais region, which has ideal wind conditions. Construction on the three wind farms has just begun; completion is expected in mid-2016.
“With this transaction, Talanx have put their trust in our capabilities, which proves the most reputable investors’ confidence in RP Global. We are now going down a new path, developing projects for companies looking to invest in renewable energy and bringing them to fruition for them. Concurrently, we will continue to own a solid portfolio ourselves, and keep up Greenfield development while moving also into Brownfield development and investment,” states RP Global’s CFO Jorge
Respectively situated in the French communes of Doignies, Moeuvres, and Boursies, each of the wind farms consists of five 3.3-MW Vestas V112 turbines. This cooperation leaves RP Global free to increase and move forward its extensive pipeline of currently more than 1000 MW of hydro and wind power projects in RP Global was advised by Green Giraffe (finance), Wind Prospect (technical) and CGR Legal (legal) for the transaction.
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