EON Renewables acquires German wind business of Vortex Energy

E.ON Climate & Renewables has acquired the German activities of Kassel-based Vortex Energy.

Vortex has been developing and operating onshore wind farms in Germany since 2004.Anja-Isabel Dotzenrath, chief executive of E.ON Climate & Renewables

The company’s project pipeline includes windfarms with a total volume of 300 MW and a large number of projects at an early stage of development.

E.ON said that this “ideally complements our activities in the construction and operation of German wind farms”.

Anja-Isabel Dotzenrath, chief executive of E.ON Climate & Renewables, said: “We see strong growth potential for wind energy in Germany. Vortex’s outstanding expertise and regional networking are a key factor for us to exploit this potential and compete for the best locations.”

Till Jeske, chief executive Vortex Energy Group, said the acquisition was “the ideal opportunity to successfully realize our project pipeline in Germany and maintain sustainable growth. For the employees of Vortex, the transaction provides future security and excellent prospects.”

Vortex said it will continue its business from its headquarters in Kassel “with an unchanged market presence”. Some 30 staff from Vortex Energy Deutschland will be transferred to E.ON.

Vortex also has operations in Poland and Belgium however these are not part of the acquisition.

The transaction is subject to approval by the relevant antitrust authorities.

Last month E.ON Climate & Renewables announced that all 116 turbines at the Rampion offshore windfarm in the English Channel had come online.

Rampion has a capacity of 400 MW and is now supplying almost 350,000 households.

Work is continuing to prepare onshore and offshore substations for commissioning.

Offshore construction of Rampion began in 2016 and the project is set to be completed before the end of this year.

The Rampion Offshore Wind Farm is being built 13 kilometres off the Sussex coast by E.ON, Canadian energy infrastructure company Enbridge and a consortium comprising of the Green Investment Group, Macquarie European Infrastructure Fund 5 and the Universities Superannuation Scheme.

No posts to display