Energy Infrastructure Partners has acquired a 49% stake in Iberdrola's Wikinger offshore wind farm in the Baltic Sea, enhancing its portfolio in Germany's lucrative renewable energy sector.

Information on the Target

Energy Infrastructure Partners (EIP) has successfully negotiated to acquire a 49% stake in Iberdrola S.A.'s Wikinger offshore wind farm, which boasts a capacity of 350 megawatts located in the Baltic Sea. This wind farm has been operational since 2018 and is part of Germany's feed-in tariff system, designed to encourage investments in renewable energy.

The feed-in tariff provides a guaranteed price for all electricity produced by the Wikinger wind farm until 2037, offering a stable revenue model. Furthermore, the wind farm can capitalize on market prices if the electricity it generates exceeds the tariff rates, which adds an additional layer of financial flexibility to the investment.

Industry Overview in Germany

Germany has established itself as a leader in the renewable energy sector, particularly in offshore wind energy. The country has implemented robust regulatory frameworks, including feed-in tariffs, that