Qualitas Energy acquires 96MW wind project pipeline in Germany

The four wind farms are located in the German states of North Rhine-Westphalia and Lower Saxony.

Surya Akella January 17 2024

Qualitas Energy, a Spain-based renewables investor, has acquired a 96MW wind energy project pipeline in Germany.

The move is expected to strengthen its subsidiary Qualitas Energy Deutschland's presence as a key player in the country’s onshore wind sector.

The portfolio comprises four wind projects: one in the Cologne region, two in the Heidekreis district of North Rhine-Westphalia and one in the Uelzen region of Lower Saxony.

The portfolio can generate enough electricity to meet the demands of 64,000 homes.

Qualitas Energy Deutschland investments head Johannes Overbeck stated: “Optimally positioned to achieve our ambitious goals, Qualitas Energy possesses comprehensive expertise and internal capabilities across the entire value chain of renewable energies.

“This underscores our dedication to making a substantial contribution to the energy transition in Germany, aligning with Qualitas Energy’s sustainable growth strategy.”

The company aims to surpass a 6GW wind energy portfolio and is expediting project development with high in-house standards.

Qualitas Energy recently agreed to sell a 112.5MW wind energy portfolio to NeXtWind.

The early collaboration between the two companies has led to the portfolio's successful transition.

NeXtWind aims to bring the portfolio, which consists of diversified assets, to completion and potentially increase its capacity to 300MW through repowering.

The successful closure of Qualitas Energy's Q-Energy Fund V in November 2023 further highlights the company's growth trajectory. Initially targeting €1.6bn ($1.74bn), the fund closed at almost €2.4bn.

In April 2023, Qualitas closed the acquisition of DunoAir’s German onshore wind development business, increasing its platform capacity to 2.9GW in the country.

The business has focused on the planning and construction of wind power plants and at the time of the acquisition had 1.4GW of wind assets in development.

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