Omnes Capital, a European investor in infrastructure and private equity, and its long-term partner ENOVA Power have sold a portfolio of 11 onshore wind projects in Germany, totaling approximately 350 megawatts, to Sosteneo, part of Generali Investments.
According to Omnes, the assets will form ENOVA Generation. ENOVA will retain a minority stake and continue to manage the assets.
The deal marks a major milestone for the joint platforms established in 2020 by ENOVA and Omnes, on behalf of its Capenergie 4 and Capenergie 5 funds, to repower projects and other onshore wind assets in Germany. Omnes Capital and ENOVA focus on identifying aging wind farms with significant repowering potential, replacing older turbines with more efficient technology and increasing renewable-electricity generation. Around 70 wind farms have been acquired jointly to date.
“Our partnership with ENOVA demonstrates Omnes Capital’s approach to investing in the energy transition in Europe
