Foresight Group has invested in a 27-turbine portfolio of wind farms in Spain.
This marks the second investment made by Foresight Energy Infrastructure Partners (FEIP), the firm’s European-targeted, sustainability-led energy infrastructure fund.
The portfolio consists of two operational wind farms located in the Castile and León region of Spain. The portfolio represents Foresight’s second acquisition from subsidiaries of European wind energy developer wpd AG, following the acquisition of a 50-megawatt German wind portfolio in December 2018.
The wind farms were developed, financed and constructed by wpd AG and were commissioned in the fourth quarter of 2019.
The acquisition brings Foresight’s wind assets under management to 800 megawatts and total renewable generating capacity to 2.5 gigawatts.
“We are delighted to have completed this significant addition to our portfolio which delivers geographic diversification and secure revenue streams
